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#MarketSentimentWatch Advanced Micro Devices Inc. (NASDAQ: #AMD ) is in talks with companies in Asia to sell its data center manufacturing facilities, Bloomberg reported, citing people familiar with the matter. The chipmaker acquired the facilities last year. Several Taiwanese companies, including Compal Electronics Inc., Inventec Corp., Pegatron Corp. and Wistron Corp., have expressed interest in acquiring the assets. The companies, including debt, are valued at $3 billion to $4 billion. The deal could be announced as early as the second quarter, according to the people, who spoke on condition of anonymity because of the confidential nature of the talks. However, they stressed that the discussions are still ongoing and there is no guarantee that Santa Clara, California-based AMD will reach an agreement. With #AMD in the headlines, savvy investors are asking: Is the stock really fairly valued? In a world of overvalued favorites, determining true value can be difficult. InvestingPro’s advanced #AI algorithms have analyzed AMD along with thousands of other stocks to uncover hidden gems. These undervalued stocks, possibly including AMD , could offer significant gains as the market corrects. In 2024 alone, our AI has identified several undervalued stocks that have subsequently surged by 30% or more. Is AMD poised for a similar rally? Don’t miss out on the opportunity to find out.

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Investors Withdrew $17 Million From Hedera: How Will This Affect the HBAR Rate?

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