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AMD Valuation Raising Questions After 35% Rally

Advanced Micro Devices Inc. (AMD) has seen a 35% stock rally, fueled by its pursuit of a larger share of the artificial intelligence market. However, the extent to which this positive news is already priced into the stock is now a key question for investors.

AMD

Advanced Micro Devices Inc. (AMD, Financials), which is seeking a larger share of artificial intelligence spending, has recently given investors plenty to cheer about. The harder question is how much of that optimism is already priced into the stock. Over the…