Fresh off a series of investor meetings with Advanced Micro Devices Inc's AMD CEO Lisa Su, JPMorgan analyst Harlan Sur says the company is increasingly confident about delivering over 20% growth in 2025.
The stock market is in the midst of a sell-off right now, with the Nasdaq Composite down more than 9% from its recent all-time high. However, the decline in Advanced Micro Devices (AMD 0.14%) stock started one year ago, and it's down 51% from its best-ever level.
Over the last year, AMD's share price declined by -53.4% compared to a return of +22.3% for Nvidia's stock. When looking exclusively at market performance, one would think that AMD is significantly behind Nvidia in the AI GPU arms race. The reality is otherwise, as AMD's MI325X platform may actually surpass Nvidia's Hopper H200 GPUs in some inference applications.
Advanced Micro Devices (AMD) closed at $96.76 in the latest trading session, marking a +0.13% move from the prior day.
Needham initiated coverage on Ocular Therapeutix Inc OCUL, noting the company's lead asset, Axpaxli, an investigational axitinib-based intravitreal implant for wet age-related macular degeneration (wet AMD).
Advanced Micro Devices can't seem to catch a break. AMD stock (NASDAQ: AMD) has been trending downward for an entire year.
Nvidia (NVDA 1.92%) has been one of the best long-term investments of all time. Since 1999, shares have increased in value by more than 285,000%, pushing the company's market capitalization into the trillions of dollars.
AMD (AMD 1.48%) stock is falling considerably as it fails to gain substantial traction in the artificial intelligence market.
In January, China's DeepSeek AI sparked a sell-off in artificial intelligence (AI) stocks after sharing breakthroughs in developing highly efficient training and inference algorithms for large language models. In other words, DeepSeek's AI models showed maybe big tech companies don't have to spend hundreds of billions of dollars on the most advanced GPUs available for their data centers.
Chipsets known as graphics processing units (GPUs) are perhaps the most important hardware in generative AI development right now. For the last couple of years, investing in semiconductor stocks has generally been a great idea -- as you're nearly guaranteed some form of exposure to GPUs or data centers.
Advanced Micro Devices (NASDAQ: AMD) has had a challenging start to 2024, sliding over 18% since the beginning of the year.
Advanced Micro Devices (AMD -2.77%) has been one of the worst stocks to own over the past year. While investors were excited about AMD potentially taking market share from rival Nvidia in the all-important data center market, that hasn't manifested.