AMD Stock Rises on Nvidia's AI Momentum
• AMD stock is up 7.4% today, likely due to positive news and an analyst upgrade for its competitor Nvidia • Nvidia's products and partnerships in AI lift valuations across the industry, benefiting AMD • An analyst reiterated a buy rating on Nvidia and raised the price target to $985 per share • Rail Vision announced a partnership with Nvidia's Metropolis platform for machine vision • AMD has yet to see a major sales uptick from AI, but investors expect growth based on future potential