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AMD, HSBC
AMD Stock Slumps After Double Downgrade by HSBC on AI Revenue Concerns
Key Takeaways Advanced Micro Devices shares fell Wednesday after a double downgrade by analysts at HSBC to "reduce" from "buy."The firm cut its forecast for AMD's artificial intelligence chip revenue in 2025 and said an upcoming chip from the company is unlikely to compete with Nvidia's offerings.
HSBC says AMD can’t compete with Nvidia in 2025, double downgrades shares
HSBC downgraded AMD (AMD) to Reduce from Buy with a price target of $110, down from $200. AMD shares price have corrected by 24% in the past
HSBC analyst revises AMD stock price amid ‘less competitive’ AI chip roadmap
An analyst has warned that AMD may lack a competitive edge in AI chips, despite earlier market expectations of challenging Nvidia.
AMD slides as HSBC downgrades on Nvidia worries
AMD (NASDAQ:AMD) shares fell more than 4% in early trading on Wednesday, as HSBC downgraded the Dr. Lisa Su-led chipmaker, citing the belief of a "less competitive" offering compared to what Nvidia (NASDAQ:NVDA) has.
AMD downgraded to Reduce from Buy at HSBC
HSBC downgraded AMD (AMD) to Reduce from Buy with a $110 price target Stay Ahead of the Market:Discover outperforming stocks and invest smarter
AMD stock down as HSBC cuts rating on less competitive AI roadmap
HSBC (LON:HSBA) analysts on Wednesday downgraded AMD (NASDAQ:AMD) stock to Reduce from Buy, and nearly halved their price target to $110 from $200, citing a less competitive AI GPU roadmap. The analysts believe that AMD's ability
23h
on MSN
Why AMD Stock Is Sinking Today
AMD (NASDAQ: AMD) stock is losing ground in Wednesday's trading. The semiconductor company's share price was down 3.6% as of ...
1d
on MSN
Why Advanced Micro Devices Stock Was Double-Downgraded
HSBC lowered its rating on Advanced Micro Devices stock amid several concerns including the chipmaker's ability to compete ...
1d
on MSN
Can AMD gain ground on Nvidia? This new bear sees a tough road ahead.
AMD’s stock just got downgraded, with HSBC warning that the company’s “AI GPU roadmap is less competitive than we previously ...
1d
Why AMD (AMD) Shares Are Falling Today
Shares of computer processor maker AMD (NASDAQ:AMD) fell 5.2% in the morning session after the company received a double ...
24/7 Wall St
1d
Stock Market Today: Nasdaq Composite Falls & Quantum Computing Stocks Collapse (RGTI, IONQ, QUBT)
Live Updates Make sure to refresh this page periodically for updates. Momentum Stocks Crash 3:53 pm As we near the closing ...
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