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Citi Upgrades AMD Shares on Strong GPU Potential
Citi has upgraded AMD shares, citing the company's strong potential in graphics processing unit (GPU) sales. This upgrade suggests that increased GPU sales are expected to boost AMD's earnings.
12 Jun, 10:36 — 12 Jun, 11:23
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left1
Left (1)
cnbc
Center
Right1
Right (1)
seeking-alpha
Far R
Geographic diversity— 1 region4/34
US2
ℹAll sources from US region
ℹOnly 2 sources cover this story
Sources
Showing 2 of 2 sources
cnbcMostly Factual58d ago
Buy AMD shares as graphics chip sales boost earnings, says Citi
The bank thinks Advanced Micro Devices is set to see an improving AI outlook, with both a stronger GPU business and increasing demand for CPUs.
Read full article →seeking-alphaMixed58d ago
AMD rises as Citi upgrades on GPU potential
Read full article →Coverage Timeline
First report: cnbc · 12 Jun, 10:36|Full coverage: 2 · 48m|Window: 48m
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