AMD Might Have Tough Time Gaining A.I. Market Share From NVDA

Published: May 23, 2023, 7:19 p.m.

b'BofA\'s raised AMD\'s (AMD) price target to $120 from $105. The analyst notes that AMD is looking forward to A.I talk and cloud-optimized CPU launch at its June 13th event, and still says that gaining market share against Nvidia (NVDA) could be "tougher than expected." Caroline Woods discusses this as BofA maintained a neutral rating on AMD. Tune in to find out more about the stock market today.'