AMD Faces AI Roadblocks: HSBC Slashes Price Target by Nearly 50%

By Yahoo! Finance   |   1 week ago
AMD Faces AI Roadblocks: HSBC Slashes Price Target by Nearly 50%

HSBC downgraded AMD's stock due to concerns about weak AI GPU prospects and competition with Nvidia. Analysts predict slow revenue growth in non-AI sectors. Despite this, some remain optimistic about AMD's potential, while others caution about its challenges in the market.

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