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AMD Stock Downgraded. Goldman Names This Surprise Among AI Chip Picks for 2025.
The semiconductor maker has underperformed peers amid a contrast between the haves and the have-nots in the chip sector, the bank says.
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 Downgrades Advanced Micro Devices (AMD)
Fintel reports that on January 8, 2025, HSBC downgraded their outlook for Advanced Micro Devices (NasdaqGS:AMD) from Buy to Reduce. Analyst Price Forecast Suggests 45.96% Upside As of December 23, 2024,
AMD Stock Slumps After Downgrade. Why It’s Trailing in the AI Chips Race.
Strategists at HSBC led by Frank Lee lowered their price target on the shares to $110 from $200 and cut the rating to Reduce from Buy.
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.
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.
20h
AMD: An Attractive Valuation Despite AI Skepticism
Read here for an update on AMD's product roadmap, AI hardware challenges, valuation, and market sentiment for potential ...
TweakTown
15h
NVIDIA AI PC chip reveal didn't happen at CES 2025, AMD Strix Halo APU killer is still cooking
NVIDIA's next-gen AI PC processor was expected at CES 2025 but wasn't revealed: new leaks tease RTX 5070 levels of ...
23h
The CES 2025 Best-in-Show Laptop Laurel goes to the AMD Ryzen AI Max
Lenovo's new Yoga Tab Plus claims our best tablet of CES 2025 in part thanks to its Qualcomm Snapdragon 8 Gen 3 processor and ...
3d
on MSN
AMD Invests in Drug-Discovery Company Absci in Push to Sell AI Chips
The $20 million deal gives the chip supplier a toehold in the life-sciences market, a strategy it plans to replicate in other ...
ExtremeTech on MSN
4d
AMD Launches Ryzen AI Max CPUs
AMD announced its Ryzen AI Max processors at CES, ushering in a new series of AMD -based AI PCs and laptops. The chipmaker ...
2d
Netherlands holds supply talks with Nvidia, AMD on AI-facility
The Dutch government said on Thursday it is in discussions with U.S. chip firms Nvidia and AMD about suppling hardware and ...
TweakTown
1d
FSR 4 hands-on, AMD's AI tech takes a big step closer to NVIDIA DLSS
We got to see the new Radeon RX 9070 in action at CES 2025, playing Ratchet & Clank: Rift Apart with the new AI-powered FSR 4 ...
2d
AMD invests $20M in AI-powered drug discovery company Absci
Absci will use AMD’s $20 million investment to enhance its AI models. In parallel, the companies will collaborate to develop ...
4d
on MSN
AMD announces ‘Fire Range’ and Ryzen AI Max, its most potent laptop chips yet
AMD promised eventual “mobile gaming dominance” back in 2022, and it feels like we’re getting closer every day. Today, the ...
2d
AMD invests $20 million in AI drug research at Vancouver-based Absci
Chip designer AMD said Wednesday that it will invest $20 million in Absci, the Vancouver company that aims to use artificial ...
5d
on MSN
AMD’s Ryzen AI Max is a one-of-a-kind graphics and AI powerhouse
AMD kicks of CES 2025 with a bang: its Ryzen AI Max processor combines discrete-level graphics with powerful AI, all ...
3d
on MSN
AMD is going head-to-head with Nvidia in AI-backed drug discovery with new deal
Chip maker AMD is investing $20 million in AI drug startup Absci, which will use AMD chips and software for drug development.
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