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Benzinga
90 days

AMD Could See EPS Upside By 2027 Despite Nvidia's Over 80% Market Share: Analyst

1. Bank of America maintains AMD Buy rating with a $130 price target. 2. AMD benefits from Intel share gains and rising AI demands. 3. Analyst projects significant earnings growth for AMD through 2027. 4. AMD's recent $6 billion buyback signals confidence in future performance. 5. Upcoming AI event is expected to showcase AMD's strategic partnerships.

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FAQ

Why Bullish?

The analyst's $130 price target and anticipated growth signal strong market confidence in AMD's future. Historical performance indicates that such positive ratings often lead to upward stock movements.

How important is it?

The report contains critical insights regarding AMD's market position, earnings outlook, and investment strategies, making it highly relevant.

Why Long Term?

Projected earnings growth and market expansion indicate that AMD could achieve significant valuation increases well into 2027, similar to past tech growth spurts.

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