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AMD jumped 4% while Intel barely moved after CFO Jean Hu raised the AI chip market ceiling to $3 trillion by 2030.
Hu named TSMC as AMD's permanent primary wafer supplier, dismissing Intel Foundry speculation and leaving Intel absorbing a $2.1 billion foundry operating loss.
AMD's fiscal 2027 EPS estimates climbed from $12.96 to $15.45 with 33 upward analyst revisions, yet the stock still trades at 129x trailing earnings.
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