Roth Capital keeps a Buy rating and $300 price target on AMD (AMD) after its “strong” Q4 results. The company’s Q1 outlook was partially impacted by lower sequential China-specific MI308 revenue, but Roth believes AMD is continuing to ramp programs into the AI infrastructure market across large hyperscale programs with Instinct GPU sales and continued EPYC CPU growth and share gains, the analyst tells investors in a research note.
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