Advanced Micro Devices may be losing its competitive edge, Wolfe Research analyst Chris Caso argued as he downgraded shares of the chip maker from Buy to Peer Perform.Shares of Lam Research, KLA Corporation,
In fact, AMD has been underperforming the broader semiconductor industry over the past five years. This is evident from the 141% gains clocked by AMD during this period as compared to the 170% jump in the PHLX Semiconductor Sector index in the last five years. AMD's below-par performance can be attributed to multiple factors.
Shares of Advanced Micro Devices (NASDAQ: AMD) fell 18.1% in 2024, according to data from S&P Global Market Intelligence. It may seem odd that AMD fell so much in 2024 given the outperformance of some of its AI-oriented semiconductor peers. Moreover ...
According to Morgan Stanley, a group of four tech giants (Microsoft, Amazon, Alphabet, and Meta Platforms) could spend a combined $300 billion building data center infrastructure for artificial intelligence (AI) development during 2025.
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
When it comes to semiconductor stocks, odds are that companies such as Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) are the first that come to mind. Over much of the last two years,
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.
Shares of Advanced Micro Devices (NASDAQ: AMD ... so much in 2024 given the outperformance of some of its AI-oriented semiconductor peers. Moreover, AMD met or beat revenue and earnings ...