✉news BusinessMarkets first seen 1 d ago, last 19 h ago, peak #10
Citi raises AMD outlook on Meta's Muse chip partnership
Original: Citi now thinks AMD stock could rip another 25% because of Meta Muse
Citi has raised its AMD price target, saying the chipmaker's stock could rally a further 25%, citing its role in Meta's Muse AI chip project. The call adds AMD to the growing list of custom AI silicon plays, and investors are weighing whether AMD can win meaningful share beyond Nvidia in Meta's data-center buildout.
Why now: A major bank's upgraded price target tied to Meta's AI chip plans is moving sentiment on AMD shares.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1256654