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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 ...
AMD stock down as HSBC cuts rating on less competitive AI roadmap
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.