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Goldman gives up on negative AMD call, upgrades chipmaker after more than 80% rally this year

CNBC
Goldman gives up on negative AMD call, upgrades chipmaker after more than 80% rally this year

Wall Street rarely talks about its mistakes, but Goldman Sachs is now admitting it was wrong on its pessimistic view for AMD shares. The firm raised its rating to neutral from sell for the chipmaker's stock, predicting big market share gains for its server chips over the next two years. "We