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Amd Stock Could Double In A Year: Barron's


Ron Burgundy
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(Reuters) - Advanced Micro Devices Inc (AMD) shares could double in a year as the chip maker recoups ground lost to Intel Corp and increases its market share in the graphic chips area dominated by Nvidia Corp, Barron's said on Sunday. AMD shares have already gained more than fivefold over the past year to a recent $12.24. Analysts said those stock gains were due in part to the focus of the company's chief executive, Lisa Su, on the company's desktop and graphic chips, Barron's said.

 

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