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AMD, Double Downgrade
Why Advanced Micro Devices Stock Was Double-Downgraded
HSBC lowered its rating on Advanced Micro Devices stock amid several concerns including the chipmaker's ability to compete with Nvidia. Here's what to know.
AMD Stock Slumps After Double Downgrade by HSBC on AI Revenue Concerns
Key Takeaways Advanced Micro Devices shares fell Wednesday after a double downgrade by analysts at HSBC to "reduce" from "buy."The firm cut its forecast for AMD's artificial intelligence chip revenue in 2025 and said an upcoming chip from the company is unlikely to compete with Nvidia's offerings.
AMD Stock Slumps After Downgrade. Why It’s Trailing in the AI Chips Race.
Strategists at HSBC led by Frank Lee lowered their price target on the shares to $110 from $200 and cut the rating to Reduce from Buy.
AMD stock down as HSBC cuts rating on less competitive AI roadmap
HSBC (LON:HSBA) analysts on Wednesday downgraded AMD (NASDAQ:AMD) stock to Reduce from Buy, and nearly halved their price target to $110 from $200, citing a less competitive AI GPU roadmap. The analysts believe that AMD's ability
AMD, Absci and AI
Absci Stock Jumps As AMD Invests $20M To Boost AI Drug Discovery
AI drug creation company Absci Corporation (NASDAQ:ABSI) shares are trading higher in premarket on Wednesday after the company entered into a strategic collaboration with Advanced Micro Devices Inc (NASDAQ:AMD) to enhance its AI drug discovery capabilities.
AMD invests $20M in AI-powered drug discovery company Absci
Absci will use AMD’s $20 million investment to enhance its AI models. In parallel, the companies will collaborate to develop new hardware and software optimized for the healthcare sector. The effort will place particular emphasis on developing technologies that can advance drug discovery.
Absci and AMD Announce Collaboration and Strategic Investment to Accelerate the Future of AI Drug Discovery
Absci Corporation (NASDAQ: ABSI), a data-first generative AI drug creation company, today announced a strategic collaboration with AMD to deploy AMD Instinctâ„¢ accelerators and ROCmâ„¢ software to power critical AI drug discovery workloads,
12h
on MSN
Why AMD Stock Fell 11.9% in December and Lost Rebound Gains in 2025
Advanced Micro Devices (NASDAQ: AMD) stock saw significant sell-offs in December's trading. The semiconductor company's share ...
11h
Only Room For The Best Or Cheapest, And AMD Is Neither: Downgrading To Sell
Advanced Micro Devices lags Nvidia in AI design wins, prompting a downgrade to sell. See why AMD stock faces little room to ...
16h
Analyst overhauls AMD stock price target as gap with Nvidia widens
HSBC analyst Frank Lee sees that trend continuing, and lowered his price target on AMD shares by $90, to $110 per share, and ...
4d
on MSN
Is Advanced Micro Devices (AMD) Stock a Buy Now?
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now.
10h
on MSN
Can AMD gain ground on Nvidia? This new bear sees a tough road ahead.
AMD’s stock just got downgraded, with HSBC warning that the company’s “AI GPU roadmap is less competitive than we previously ...
15h
Advanced Micro Devices (AMD): New Buy Recommendation for This Technology Giant
In a report released today, Mark Lipacis from Evercore ISI maintained a Buy rating on Advanced Micro Devices (AMD – Research Report), with a ...
8h
on MSN
Why AMD Stock Is Sinking Today
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.
3d
on MSN
Is Advanced Micro Devices Inc. (NASDAQ:AMD) the Hottest Large-Cap Stock Right Now?
We recently compiled a list of the 10 Hottest Large-Cap Stocks Right Now. In this article, we are going to take a look at ...
Hosted on MSN
15h
AMD Stock Tumbles On Analyst’s Double Downgrade Flagging AI GPU Weakness: Retail Sentiment Holds Strong
Advanced Micro Devices Inc. (AMD) stock tumbled more than 3% in pre-market trading on Wednesday after HSBC analysts double ...
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