AMD Closing Competitive GPU Gap With Nvidia, Gains Market Share From Intel In Client And Server Markets: Analyst

Benchmark analyst Cody Acree reiterated Advanced Micro Devices AMD with a Buy and a $170 price target.Acree recently hosted AMD’s Jean Hu, CFO, for a discussion with investors. He came away with further conviction in AMD’s strong fundamental position, its increasing competitiveness in the AI market, and its continued market share gains in both the Client and Server markets versus Intel Corp INTC.Also Read: AMC Networks Q4 Earnings: Streaming Revenue And Subscriber Growth Cushions Revenue DeclineThe analyst ...