AMD top pick for 2025 by Northland Capital Markets

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AMD top pick for 2025 by Northland Capital Markets

^{Published on 2024-12-30 10:41:35 - MSN}

Advanced Micro Devices Inc (NASDAQ:AMD) has been named a top pick for 2025 by Northland Capital Markets given the company's strong growth potential in AI, server CPUs, and PC client segments. The brokerage reiterated its $175

The article from MSN Money discusses Northland Capital Markets' bullish outlook on Advanced Micro Devices (AMD), naming it a top pick for 2025. Analyst Gus Richard from Northland has set a price target of $195 for AMD, suggesting a potential 30% increase from its current price. This optimism is driven by AMD's strategic positioning in the AI and data center markets, with expectations of significant growth in these sectors. Richard highlights AMD's upcoming MI300X GPU, which is anticipated to compete strongly with Nvidia's offerings in AI computing. Additionally, AMD's expansion into the server CPU market, where it has already made inroads, further supports the positive forecast. The article also notes that despite a recent dip in stock price, the long-term growth prospects for AMD remain robust, underpinned by its technological advancements and market expansion strategies.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/amd-top-pick-for-2025-by-northland-capital-markets/ar-AA1wHMjV ]

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