Advanced Micro Devices (AMD) is getting some love Monday in the form of upgrades from UBS and Baird, bolstering our recent decision to halt trimming any more of the chip designer's shares.
However, AMD, like many of its peers, has been decimated on Wall Street, losing 48% in 2022.
In fact, UBS analysts suggest it may even be possible that shipments fell to near zero in September.
As a result, they expect the new chip, which marks a significant improvement in performance to accelerate AMD's market share gains.
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