Key facts: AMD Up on Samsung Talks; Bernstein Lifts PT; Joins EigenQ

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2026.06.18 07:13
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AMD shares rose ~3% premarket on reports of potential Samsung chip production partnership amid tight TSMC capacity. Bernstein raised AMD's price target to $600, citing strong server-CPU demand. Additionally, AMD partnered with quantum firm EigenQ for post-quantum cryptography applications, while ARK Invest sold approximately $13M in AMD shares as part of ongoing portfolio adjustments.