AMD Downgraded as AI Chip Struggles to Challenge Nvidia's Grip

By Yahoo! Finance   |   2 weeks ago
AMD Downgraded as AI Chip Struggles to Challenge Nvidia's Grip

AMD's stock faces pressure as analysts doubt its AI market position. Jefferies and Goldman Sachs downgraded AMD, expressing concerns over its competition with Nvidia. Despite AMD's data center revenue growth, missed estimates led to a 10% drop in stock value.

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