Why Analysts Say They're Bullish on AMD Stock After AI Event Disappointed

Key TakeawaysAdvanced Micro Devices may have disappointed investors with its Advancing AI event Thursday, but analysts said they're still bullish on the chipmaker's growth prospects.AMD shares fell Thursday after the company unveiled its latest AI chips without raising its outlook or announcing new partnerships as some investors had expected.However, Jefferies analysts said they believe AMD's new AI chips could still drive gains for the stock with "enough demand to go around." Advanced Micro Devices (AMD) m ...