Wall Steet analyst bets big on AMD price target

In recent months, Advanced Micro Devices (NASDAQ: AMD) has experienced remarkable growth, driven by the increasing demand for artificial intelligence (AI)-driven chips. Notably, over the past year, AMD’s stock has surged nearly 150%, and the equity seems to be maintaining investor favor in 2024. Indeed, by press time, the stock had risen 28% year-to-date, trading at $174.99.ADM YTD stock price chart. Source: FinboldWith the stock consistently trading in positive territory in recent months, there is interest ...