BREAKING: $AMD surges nearly 8.9% after Oppenheimer upgrades the stock to Outperform from Market Perform and raises its price target to $600.
The bullish outlook is backed by expectations for 135% data-center revenue growth in 2027, potentially accounting for 85% of total sales. Adding to the momentum, AMD announced that its fifth-generation EPYC processors will power the host infrastructure for $GOOGL's new TPU 8tx systems, further expanding its partnership with Google.