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Massive News for AMD Stock Investors

The creator revised their fair value estimate for AMD stock higher to $387 per share following news of Microsoft's Azure workloads being powered by AMD's upcoming AI platform and Rosenblatt and UBS raising their price targets. Despite the upward revision, the current market price of $503 per share still suggests a stretched valuation, leading the creator to maintain a 'hold' rating on the stock.

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AMD stock is a hold as its current market price of $503 is still stretched relative to the creator's revised fair value estimate of $387, despite positive news and price target increases.

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