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Will AMD stock crash below $150?
AMDAMD(US:AMD) Finbold·2024-07-02 10:32

While other artificial intelligence (AI) focused stocks like Nvidia (NASDAQ: NVDA), Qualcomm (NASDAQ: QCOM), and Micron (NASDAQ: MU) have seen impressive gains in 2024, their competitor Advanced Micro Devices (NASDAQ: AMD) has struggled, as it managed to eke out “just” a 13% gain in the first half of the year.The recent trend hasn’t been positive, as AMD shares lost 2.79% in the latest trading session, with losses of 1.89% extending in the previous five trading days.Zooming out, the narrative doesn’t seem t ...