Advanced Micro Devices, Inc (NASDAQ: AMD) stock is trading higher after Melius Research analyst Ben Reitzes upgraded the stock rating from Hold to Buy with a $188 price target.
The chip designer made significant gaming GPU and PC gaming processor revelations.
Ahead of CES 2024, AMD has unveiled the Radeon RX 7600 XT, a high-performance graphics card designed for demanding games and content creation.
This card offers gaming experiences at 1080p and beyond, thanks to its 16GB of high-speed GDDR6 memory.
It also supports advanced technologies like AMD FidelityFX Super Resolution and AMD HYPR-RX with AMD Fluid Motion Frames, enhancing gaming at up to 1440p and providing significant performance improvements over competitors like the Nvidia Corp (NASDAQ: NVDA) GeForce RTX ...