Analysts revise AMD stock price target

Unlike many other companies heavily involved in the ongoing artificial intelligence (AI) boom, the other semiconductor giant, Advanced Micro Devices (NASDAQ: AMD), has been struggling to find its footing in the stock market in 2024.Though AMD started the year strong, climbing from about $138 to over $210 between January and March, its shares have since been on a relatively steady decline and are – in total – 17.37% in the green year-to-date (YTD).AMD stock YTD price chart. Source: FinboldAt the very start o ...