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Share Market Alert - (NYSE:AMD) Shares Falls after Yesterday’s Big Gains
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Advanced Micro Devices, Inc. (NYSE:AMD) fell 4% to $6.23 in the opening session despite Following yesterday's news that Intel will pay AMD (NYSE: AMD) $1.25 billion to settle all of the antitrust disputes between the two chip-makers, an analyst at Auriga has upgraded shares of AMD from Sell to Hold. The analyst also lifted his price target on the stock from $3 to $6.
Yesterday, the stock rose about 22%.
Advanced Micro Devices, Inc. is a global semiconductor company with facilities around the world. The Company offer x86 microprocessors, for the commercial and consumer markets, embedded microprocessors for commercial, commercial client and consumer markets and chipsets for desktop and notebook personal computers (PCs), professional workstations and servers.
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