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Jefferies analysts stated that the OpenAI deal altered AMD’s “AI narrative” and provided “strong validation” of its AI roadmap and the level of AI demand in general.

The company stated that the design of the new trial will be based on the learnings from the previous trials, in addition to FDA feedback.

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The new price target from JPMorgan implies a potential downside of about 66% from the stock’s closing price on Thursday.

White House AI Czar David Sacks and Nvidia’s Jensen Huang reportedly expected the UAE chip-supply agreement to help maintain the U.S.’s AI leadership, keeping China at bay.

The new rule is expected to result in a $110 million reduction in the company’s fourth-quarter revenue and a $600 million decrease in revenue for the next fiscal year (2026).

Analysts’ consensus price target on the stock is $53.58, implying roughly 41% downside from Wednesday’s close

Apple is reportedly planning to announce an AI-powered glass without a display next year, ahead of its release in 2027.