MROA
COM:MROADS
mroads
- Privately Held
news - Apr 13, 2025 - 11:00
AMD Soars on New Collaboration with Google Cloud
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.
gurufocus.comDescription
mroads is involved in building strategic partnerships in technology. self-described as elevating tech capabilities and unlocking new possibilities.