AMD gets another downgrade. Here’s why analysts are souring on the stock.
Another analyst is casting doubt on Advanced Micro Devices Inc.’s growth potential in graphics processing units, leading to the latest downgrade of the semiconductor stock. Wolfe Research’s Chris Caso cut his rating on AMD shares AMD to peer perform from outperform on Thursday, reflecting more muted expectations for GPU revenue this year.
Is AMD Stock Due for a Bounce Back Year in 2025?
Advanced Micro Devices (NASDAQ: AMD), also known as AMD, has been a surprisingly underperforming tech stock over the past year. In 2024, it declined by 18% even despite its promising growth opportunities as a top artificial intelligence (AI) chip maker.
What's Happening With AMD Stock?
AMD stock (NASDAQ:AMD) has seen a meaningful sell-off over the past week, declining by about 11% over the last five trading days..
Will AMD Stock Rebound to $175? Here’s What This Analyst Expects
Advanced Micro Devices (NASDAQ:AMD) bears have been feasting over the past year with the stock shown to be a big laggard. In 2024, AMD declined by
Where Will AMD Stock Be in 3 Years?
The PC market endured double-digit declines in 2022 and 2023. The good news for AMD is that the market stabilized in 2024, witnessing a 0.8% increase in shipments, per market research firm IDC. Even better, the PC market is expected to record 4.3% growth this year, driven mainly by a 5.1% improvement in sales of commercial PCs.
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Advanced Micro Devices' stock price fell to new 52-week lows. Click here to find out the factors that present a strong buying ...
Analyst unveils AMD stock price target on AI and server update
According to data by Jon Peddie Research, Nvidia now holds a 90% share in the GPU market, while AMD accounts for roughly 10%.
This Artificial Intelligence (AI) Stock Is an Absolute Bargain Right Now, and It Could Skyrocket in 2025
Shares of AMD have cratered over the past year, making it a rare example of a chip stock that has fallen out of favor with investors.
AMD Q4 Preview: Be Greedy When Others Are Fearful (Rating Upgrade)
AMD's Data Center segment expected to drive robust revenue growth, offering strong buying opportunity despite geopolitical ...
Advanced Micro Devices (AMD) Sold Off in Q4 Despite Strong Earnings
Investment advisory firm Ithaka Group released the “Ithaka US Growth Strategy” fourth-quarter 2024 investor letter. A copy of ...