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AMD stock surged to a new all-time high of $547.26 after nearly 7% gains; Citi raised its price target to $575 as of June 15, 2026; AMD also announced the acquisition of Mext, an AI-driven memory optimization firm.
Abstract: This note summarizes recent AMD developments: a record stock high, an increased price target from Citi, and the acquisition of Mext, a company specializing in AI-driven memory optimization.