Analysts update AMD stock price target

While Nvidia (NASDAQ: NVDA) has, without a doubt, earned the attention it has been getting in 2024 with its semiconductor technology, pivotal role in the artificial intelligence (AI) boom, and stellar stock market performance, the other major blue-chip chipmaker – Advanced Micro Devices (NASDAQ: AMD) – should not be disregarded.Though AMD has so far failed to match the growth of its biggest competitor, the stock has generally outperformed the benchmark S&P 500 stock market index and is 17.19% in the green y ...