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Advanced Micro Devices (AMD) experienced a 3% increase in its share price following the announcement of a strategic collaboration with Google Cloud. The partnership aims to leverage AMD's fifth-generation EPYC processors to enhance Google's high-performance virtual machines, focusing on AI inference and computing tasks. Wall Street analysts forecast an average target price of $145.02 for AMD, representing a 55.27% upside from the current market price of $93.40. GuruFocus estimates AMD's potential GF Value at $164.25 within a year, suggesting a 75.86% increase from the current price.

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    mroads is involved in building strategic partnerships in technology. self-described as elevating tech capabilities and unlocking new possibilities.