On Wednesday, AMD's stock price declined after the upcoming Ryzen AI MAX+ 392 mobile processor benchmark scores were announced. The processor scored 2917 points in single-core and 18071 points in multi-core. AMD's stock initially rose by 2%, reaching around $219. Analysts are generally optimistic about AMD, with Stifel's target price at $280, and John Vinh of KeyBanc upgrading AMD's rating to "Buy" with a target price of $270, while Raymond James remains cautious with a target price of $200. AMD continues to challenge Nvidia in the artificial intelligence market, with its stock price increasing by approximately 85% over the past year.
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On Wednesday, AMD's stock price declined after the upcoming Ryzen AI MAX+ 392 mobile processor benchmark scores were announced. The processor scored 2917 points in single-core and 18071 points in multi-core. AMD's stock initially rose by 2%, reaching around $219. Analysts are generally optimistic about AMD, with Stifel's target price at $280, and John Vinh of KeyBanc upgrading AMD's rating to "Buy" with a target price of $270, while Raymond James remains cautious with a target price of $200. AMD continues to challenge Nvidia in the artificial intelligence market, with its stock price increasing by approximately 85% over the past year.