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AMD stock jumps 6% as AI market opportunity seen at $3T

Source: invezz.com

Artificial IntelligenceTechnology & InnovationCompany FundamentalsInvestor Sentiment & Positioning
AMD stock jumps 6% as AI market opportunity seen at $3T

AMD shares rose 6.45% to $508.38 after the company increased its 2030 total addressable market estimate to $3 trillion from roughly $2 trillion. The stock is now up more than 120% year to date, reflecting investor enthusiasm over the expanded long-term growth opportunity.

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