Advanced Micro Devices Inc

AMD: XNAS (USA)
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AMD: Investor Day Touts Tremendous AI Growth With Steady Margins; Fair Value Up to $270 from $210

AMD hosted an investor day with updated revenue growth and financial targets. These include growth in the next three to five years of 80% in data center AI products, 60% in all data center products, and 35% for total AMD. AMD’s adjusted gross margin target is now 55%-58%, ahead of 54% currently.

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