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AMD Stock Slumps
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.
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 with Nvidia. Here's what to know.
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
Analyst overhauls AMD stock price target
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.
Analyst overhauls AMD stock price target as gap with Nvidia widens
Advanced Micro Devices shares extended their recent run of declines Wednesday after a top Wall Street analyst cautioned that the chipmaker could continue to trail its peers' performance well into the new year.
Nvidia and AMD’s Breakthrough Products at CES 2025: Why These Stocks Are Set to Skyrocket
Nvidia and AMD unveiled innovative products at CES 2025, showcasing advancements in AI and computing technology with strong sales growth.
1d
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 ...
4h
Advanced Micro Devices (NASDAQ:AMD) Downgraded to Moderate Sell Rating by Hsbc Global Res
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) was downgraded by analysts at Hsbc Global Res from a “strong-buy” ...
1d
AMD Faces AI Roadblocks: HSBC Slashes Price Target by Nearly 50%
HSBC just hit the brakes on the chipmaker, downgrading the stock from Buy to Reduce and slashing its price target from $200 to $110a move that signals a rocky road ahead. HSBC analyst Frank Lee didn't ...
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 ...
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