I may be wrong with my target of 160. Post merger AMD will be adding more stocks and their market cap would be AMD+XLNX. With increase in cash in hand, I feel the valuation will rise. TAM is increasing and capabilities with AI/ML increases but with a current PE already at 37 my target of 160 is based on assumption that PE will be within 40. I will be glad to be wrong about target and the stock price goes above 160... $200 will be dream! $AMD(AMD)$
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