AMD Shares Slide as HSBC Downgrades Stock Over Nvidia Concerns; Absci Collaboration Announced
Following HSBC downgrading of the semiconductor company's stock, Advanced Micro Devices ( AMD, Financials) shares fell over 5% in early Wednesday trade, citing a less competitive position in the artificial intelligence GPU market compared to Nvidia ( NVDA, Financials ).
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‘Don’t Buy the Dip,’ Says Analyst About AMD StockAdvanced Micro Devices (NASDAQ:AMD) has a history of eating away at rivals’ dominance by delivering superior products, as ...
AMD’s stock just got downgraded, with HSBC warning that the company’s “AI GPU roadmap is less competitive than we previously ...
An analyst has warned that AMD may lack a competitive edge in AI chips, despite earlier market expectations of challenging ...
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HSBC analysts on Wednesday downgraded AMD (NASDAQ:AMD) stock to Reduce from Buy, and nearly halved their price target to $110 ...
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