AMD shares rise 10% after analysts say they expect a 'snapback' for chipmaker

cnbc.com/2025/06/16/amd-shares-rise-10percent-after-analysts-say-they-expect-a-snapback.html

Shares of Advanced Micro Devices rose nearly 10% on Monday after analysts at Piper Sandler lifted their price target on the stock on optimism about the chipmaker's latest product announcement.
The analysts said they see a snapback for AMD's graphics-processing units (GPUs) in the fourth…

This story appeared on cnbc.com, 2025-06-16 18:13:01.
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