3 problems for stock price of NVIDIA rival AMD

HSBC 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.
Technology stocks were in fine form on the stock market in 2024, with the tech-laden Nasdaq Composite (NASDAQINDEX: ^IXIC) index clocking impressive gains of 28.6% last year following an even stronger ...
Investing.com -- Shares of Absci Corporation (NASDAQ: ABSI) soared 50% following the announcement of a strategic ...
AMD unveiled next-gen processors and gaming products, targeting growing demand for high-performance AI-enabled PCs, gaming ...
Advanced Micro Devices (NASDAQ:AMD) had a somewhat mixed performance over the past year. The AI chipmaker has been rolling ...
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