Stock Performance and Analyst Downgrade - Advanced Micro Devices (AMD) shares tumbled more than 4% intraday to $121 60 after HSBC analysts double downgraded the stock from "buy" to "reduce" [2][3] - AMD shares have lost about 24% of their value over the past three months leading up to Wednesday [3] - HSBC analysts believe "there remains further downside" for AMD shares [3] AI Chip Revenue and Competitive Landscape - HSBC lowered its fiscal 2025 AI GPU revenue forecast for AMD to $8 1 billion from $12 3 billion well below the $9 5 billion analyst consensus [5] - AMD's AI chip roadmap was described as "less competitive" than previously anticipated with soft demand for its MI325 GPU [4] - The upcoming MI350 chip from AMD is expected to struggle competing with Nvidia's offerings [4] Earnings and Market Expectations - AMD is expected to report 2024 fourth-quarter earnings in late January or early February based on last year's timing [5] - HSBC also lowered AMD's price target to $110 from $200 reflecting reduced confidence in the company's AI chip prospects [3]

AMD (AMD -4.23%) stock is losing ground in Wednesday's trading. The semiconductor company's share price was down 3.6% as of 11:45 a.m. ET and had been down as much as 5.2% earlier in the session.AMD stock is falling today on the heels of bearish coverage from HSBC. The firm issued a rare double downgrade for its rating on the stock and slashed its one-year price target.HSBC turns bearish on AMD stockIn a note published before the market opened this morning, HSBC downgraded its rating on AMD stock from buy t ...

Advanced Micro Devices (AMD -4.57%) stock saw significant sell-offs in December's trading. The semiconductor company's share price closed out the month down 11.9%, according to data from S&P Global Market Intelligence. With December's trading concluded, AMD stock closed out 2024 down roughly 18%. The chip specialist's share price fell in the final month of 2024 as analysts became more cautious about the stock and issued downward share-price and revenue-outlook targets.Analysts became less bullish on AMD sto ...

Advanced Micro Devices (AMD) at a press conference prior to CES 2025 unveiled new cutting-edge AI PC processors for consumers and businesses. The Ryzen AI Max Series delivers top-tier performance for premium thin laptops, while the AI 300 Series, powered by “Zen 5” architecture, provides expanded options for advanced computing. The AI 200 Series supports everyday productivity.For business applications, AMD introduced Ryzen PRO versions with enterprise-grade security and management tools, strengthening its p ...

Though the market has enjoyed a great stretch over the last year or so, not all have joined the party, a list that includes popular names such as Advanced Micro Devices (AMD) and Nike (NKE) .Both have underperformed in a big way over the past year, as shown below.Image Source: Zacks Investment ResearchIt raises a valid question: are these beaten-down stocks worth investors’ attention? Let’s take a closer look at how each stacks up.NIKE Looks to Shake Off Woes NIKE shares faced pressure following the release ...

U.S. stocks could open on a tentative note on Tuesday after the averages closed on a mixed note on Monday. Despite a rally in AI stocks and chip-making companies, futures were mixed on Tuesday, pointing at cautiousness among investors.On investors' radar will be AI bellwether Nvidia Corp. NVDA, Advanced Micro Devices Inc. AMD, Micron Technology Inc. MU, and Toyota Motor Corp. TM, among others.FuturesChange (+/-)Nasdaq 100-0.023%S&P 5000.079%Dow Jones0.11%R2K0.15%In premarket trading on Tuesday, the SPDR S&P ...

Subscription and Analysis Service - Beyond the Wall Investing offers a subscription service providing access to high-quality analysis of Wall Street buying and selling ideas, including a free trial and a 10% discount [1] - The service is run by Daniel Sereda, a chief investment analyst at a family office with expertise in filtering critical investment ideas from vast data [1] Advanced Micro Devices (AMD) Coverage - The analyst has written 5 articles about AMD since August 2023, with ratings ranging from "Sell" to "Buy" [1] - The most recent article on AMD was published on Seeking Alpha, reflecting the analyst's independent opinion [1] Analyst's Position and Disclosure - The analyst holds a beneficial long position in AMD through stock ownership, options, or other derivatives [1] - The analyst is not receiving compensation for the article other than from Seeking Alpha and has no business relationship with the mentioned companies [1]

Full portfolio of AMD-powered Dell notebooks, desktops, and workstations meet the demands of the modern enterprise Ryzen AI PRO Chip Shot Ryzen AI PRO Chip Shot LAS VEGAS, Jan. 06, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today in a press conference ahead of CES 2025 announced that AMD Ryzen AI PRO processors will power new Dell Pro devices. These new PCs will be the first Dell commercial devices shipping with AMD Ryzen AI PRO processors, marking a significant milestone in the strategic collaboration b ...

At CES 2025 in Las Vegas, AMD unveiled a slew of new chips destined for devices ranging from desktops to gaming handhelds.AMD is riding high coming into this year’s CES. The company commanded a 28.7% share of the desktop CPU segment in Q3 2024, up 9.6 percentage points compared to the same quarter the year prior. In mobile, AMD held 22.3% of the chip market as of last Q3, a 2.8-percentage-point uptick from the previous fiscal period. The company isn’t resting on its laurels, though. AMD’s 2025 strategy is ...

Ryzen AI Max Chip Shot Ryzen AI Max Chip Shot — AMD Ryzen™ AI Max, AMD Ryzen™ AI 300 Series and AMD Ryzen™ 200 Series processors bring incredible performance for next-gen AI PCs — — AMD Ryzen™ AI Max PRO, AMD Ryzen™ AI 300 PRO and AMD Ryzen™ 200 PRO Series processors bring cutting-edge performance to business PCs — LAS VEGAS, Jan. 06, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) unveiled new processors today, ahead of CES 2025, furthering its leadership in the AI PC market and offering mobile users the m ...