AMD Price Target Revision and OpenAI Partnership Catalyst

20 days ago

Speaker

"AMD no longer stands for advanced money destroyer. I"m now calling it advanced money dispenser as a stock is up 26% on the open AI partnership. Based on my last video, I gave my price target of $370 per share. And in this video, I"m going to update it up to $500 per share after the partnership with Open AAI. I"m going to give you the details and tell you how I got this price target. The Open AI partnership is pretty much a gamecher as it could generate tens of billions of dollars of annual revenues for AMD."

The speaker updates the AMD price target from $370 to $500 per share, citing the OpenAI partnership as a major catalyst. He emphasizes the potential revenue generation, multi-year deal details, and the strategic use of dilution to secure a long-term partnership with OpenAI, positioning AMD for significant growth.

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