AMD Expands AI Research With CEA Partnership, Aiming for Energy-Efficient Computing
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 11 2025
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Source: Benzinga
AMD and CEA Collaboration: Advanced Micro Devices (AMD) has signed a Letter of Intent with France's Commissariat à l’énergie atomique et aux énergies alternatives (CEA) to develop energy-efficient AI computing technologies aimed at high-performance workloads in sectors like energy and medicine.
Financial Performance: AMD reported fourth-quarter revenue of $7.66 billion, surpassing analyst estimates, while its stock price experienced a slight decline of 1.18% to $111.78.
Analyst Views on ESPO
Wall Street analysts forecast ESPO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ESPO is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 103.120
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Current: 103.120
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
