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PC and server shipments are trending towards normalization. Bernstein maintains its "neutral" rating on Intel (INTC.US) and AMD (AMD.US) compared to the broader market.
Bernstein published research reports, evaluating the PC and server markets, and stated that the third-quarter shipments "basically meet" seasonal trends, maintaining "market perform" ratings for Intel and AMD, with target prices of $25 and $150 respectively.
AMD Plans Mobile Chip Entry With TSMC's 3nm Process
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