Bank of America lifts AMD target to $620: The bank's semiconductor analyst Vivek Arya raised the price objective from $560, citing AMD's successful "transition from a merchant" chipmaker to a full platform player in the AI market. Shares traded at $554.23 on July 24.
Amazon Web Services (AWS) growth forecast upgraded: Bank of America now projects AWS cloud revenue growth of 33% year-over-year for Q2, up from a prior estimate of 31%, setting...