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S&P 500 Gains and Losses Today: AMD Surges on Upbeat Outlook; Palantir Stock Slides

1. AMD shares surged 9% after its first analyst day. 2. Strong AI demand drives AMD's positive sales outlook. 3. AMD projects a revenue growth rate of 35% over three years. 4. Total addressable AI market for AMD could reach $1 trillion by 2030. 5. Market conditions mixed as US government shutdown nears resolution.

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FAQ

Why Very Bullish?

AMD's upward momentum follows strong AI demand projections and competitive future outlook, similar to NVIDIA's growth following AI advancements.

How important is it?

The article significantly highlights AMD's growth potential tied to AI, making it critical for investors.

Why Long Term?

AMD's projected revenue growth and AI market expansion suggest sustained long-term benefits.

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