Melius downgraded shares of chip maker Advanced Micro Devices to Hold from Buy, and cut the target price to $129 from $160.
The market has misjudged the potential impact of DeepSeek's AI progress, interpreting it as a headwind for tech companies.
Advanced Micro Devices shares moved sharply lower in early Wednesday trading after the chipmaker underwhelmed Wall Street with a muted sales outlook for its AI-focused business following a solid set ...
Wall Street forecasts Advanced Micro Devices will report revenue of $7.53 billion for Q4, up 22% year-over-year, in-line with ...
BofA Securities made adjustments to its outlook on AMD (NASDAQ:AMD) shares, lowering the price target to $135 from the previous $155, while keeping a Neutral stance on the company. According to ...
Advanced Micro Devices (NASDAQ: AMD) has been a top performer in the semiconductor industry over the last decade. The fabless chip stock has grabbed market share from Intel PCs and is now competing in ...
Competition and geopolitical risks exist, but AMD’s strategic pivot, open-source ROCm, and cost efficiency bolster the ...
Advanced Micro Devices (NASDAQ: AMD) stock is making gains in Monday's trading. The semiconductor company's share price was up 5.7% as of 10:45 a.m. ET. AMD stock is gaining ground today following ...
Goldman Sachs downgraded its rating on AMD and cut its price target on the stock. AMD is falling today due to multiple bearish catalysts. In addition to the latest U.S. jobs report causing ...
AMD and Qualcomm, both chipmakers, are preparing to report earnings. While AMD struggles, Qualcomm is thriving. Analysts ...
For these reasons, I think investors need a lower price before buying AMD, and I maintain my Hold rating. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any ...
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