AMD stock slid Monday after an analyst downgraded the chipmaker to neutral from buy on "downside risks" to 2025 expectations. The post AMD Stock Downgraded On AI Chip Competition, Weakening PC Sales appeared first on Investor's Business Daily.
A BofA analyst downgraded AMD's stock, warning of limitations on the company's ability to pick up share in an AI market dominated by Nvidia.
Zacks.com users have recently been watching Advanced Micro (AMD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Though a decent performer through much of 2024 and despite evading the negative attention Intel (NASDAQ: INTC) has been getting, Advanced Micro Devices (NASDAQ: AMD) came under significant pressure in recent months.
Advances in artificial intelligence (AI) are expected to reshape vast swaths of the global economy. Fortunes will be made by savvy investors who position themselves to profit from this powerful megatrend.
Artificial intelligence (AI) has dramatically altered the value propositions of both Nvidia (NVDA -1.81%) and Advanced Micro Devices (AMD -1.96%).
When it comes to semiconductor stocks, it's virtually impossible not to think of Nvidia. Over the last two years, the company has become the undisputed leader among chip stocks, and with that, is swiftly emerging at the forefront of the pack among artificial intelligence (AI) companies more broadly.
Every decade seems to create a new wave of growth stocks that benefit from the latest trends in the economy. The last 20 years have created tremendous wealth for investors who jumped early on the growth of e-commerce (Amazon), streaming video (Netflix), and electric cars (Tesla).
The U.S. stock market has posted an impressive performance in 2024, with the benchmark S&P 500 crossing the 6,000 point mark in November 2024. Technology stocks have been a significant factor propelling the S&P 500.
AWS has not committed to offering cloud access to AMD's AI chips in part due to low customer demand. AWS said it was considering offering AMD's new AI chips last year.
AMD benefits from a strong portfolio, strategic acquisitions, and robust data center demand amid stiff competition from NVIDIA.
In today's video, I discuss recent updates affecting Advanced Micro Devices (AMD -1.42%). To learn more, check out the short video, consider subscribing, and click the special offer link below.