14:16 ET -- Advanced Micro Devices is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Several analysts cut AMD price targets after it reported results Tuesday, including a 4% sales increase, to $5.8 billion, but shares were recently up 8%, to $106.56. Recovering PC demand helped results. While AMD's overall fourth-quarter sales outlook was below Wall Street expectations, it issued a strong 2024 forecast for AI chips. Dow Jones & Co. owns Factiva. (josh.beckerman@wsj.com)

(END) Dow Jones Newswires

November 01, 2023 14:31 ET (18:31 GMT)

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