Publisher: Maaal International Media Company
License: 465734
Tuesday, 17 June 2025
AMD shares gain $17 billion in a single day
AMD shares jumped nearly 9% on Monday to a five-month high, adding $17 billion to the company’s market capitalization in a single day.
These gains came after Piper Sandler raised its price target on the chipmaker’s stock to $140 from $125, predicting a strong recovery in its graphics processing unit (GPU) business in the fourth quarter of 2025.
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