AMD, Goldman Sachs
Goldman Sachs downgrades AMD to Neutral, cuts price target
Goldman Sachs downgrades Advanced Micro Devices (AMD) to Neutral from Buy, lowering their price target to $129 from $175. The analysts say other chipmakers are better positioned to compete, with Nvidia (NVDA) having a Buy rating from Goldman Sachs analysts.
AMD stock drops following Goldman Sachs downgrade
Investing.com -- Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) fell 2.3% today after receiving a downgrade from analysts at Goldman Sachs. The investment bank's analyst Toshiya Hari shifted the rating from Buy to Neutral and reduced the price target from $175.00 to $129.00.
The semiconductor maker has underperformed peers amid a contrast between the haves and the have-nots in the chip sector, the ...
Advanced Micro Devices shares moved lower again Friday following a price target and ratings change from a top Wall Street ...
Shares of computer processor maker AMD (NASDAQ:AMD) fell 5.9% in the morning session after Goldman Sachs analyst Toshiya Hari ...
10hon MSN
AMD is falling today due to multiple bearish catalysts. In addition to the latest U.S. jobs report causing investors to become more risk averse, the chip specialist's stock is also falling in ...
Nvidia and chip stocks trading lower as Biden administration considers restricting AI chip exports to China. Taiwan Semi reports strong revenue.
The Biden administration's proposal would put more pressure on companies like Nvidia to crack down on where resellers ultimately send their chips.
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