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Intel and AMD get upgrades at KeyBanc thanks to strong server demand for AI
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Intel and AMD get upgrades at KeyBanc thanks to strong server demand for AI

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KeyBanc upgraded both Intel and Advanced Micro Devices to overweight.

KeyBanc upgraded Intel and Advanced Micro Devices to overweight, saying both chipmakers are benefiting from robust hyperscaler demand. The bank raised its price target to $60 for Intel, implying that the stock could rise 36% from Monday's close. Inte... [1664 chars]

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Source: CNBC

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