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Jim Cramer: AMD's Strong Rally Not Over Yet, Expects Agency AI to Drive CPU Demand
CNBC host Jim Cramer stated on Monday that under CEO Lisa Su's leadership, Advanced Micro Devices' (AMD) strong rally is far from over, and the rise of agentic AI will bring new significant growth opportunities for the chipmaker. He believes that investors' focus on AI has shifted from model training to inference and agentic AI, which will lead to a surge in demand for CPUs, a market where AMD remains a leader. AMD's stock price rose nearly 13% last week, accumulating a nearly 30% gain in September, with its market capitalization briefly exceeding $1 trillion.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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