AMD Stock Rises on a Citi Upgrade to $575 and Its MEXT Acquisition: Is the AI Leader Still Worth Buying in 2026?
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
AMD stock has risen following an upgrade by Citi, which set a price target of $575. The upgrade and stock increase may be related to AMD's acquisition of MEXT and its potential in the AI sector. The move suggests a positive outlook for AMD, with some outlets indicating that the company's value extends beyond its traditional CPU business.
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