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Benzinga
Benzinga
Business
Shanthi Rexaline

AMD Analyst Turns Bullish After 10 Years; 'Valuation Downright Attractive, Execution Stellar And Earnings Power Bankable'

AMD Bernstein Stacy Rasgon Advanced Micro Devices, Inc. Russia Ukraine

Advanced Micro Devices, Inc. (NASDAQ:AMD) shares are advancing on Tuesday, bucking the broader market downturn catalyzed by the escalating tensions between Russia and Ukraine.

The strength seen in the shares came after an analyst at Bernstein took a bullish stance on the stock after 10 years.

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