Nvidia (NVDA) was the big winner in the AI space during 2024 as it solidified its lead in GPUs, which led to a 185% stock rally. Meanwhile,
AMD’s stock just got downgraded, with HSBC warning that the company’s “AI GPU roadmap is less competitive than we previously thought.”
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.
Advanced Micro Devices lags Nvidia in AI design wins, prompting a downgrade to sell. See why AMD stock faces little room to compete meaningfully with NVDA.
It's clear that AMD isn't the AI company Nvidia is. Its $3.5 billion in data center revenue in Q3 was a fraction of Nvidia's $30.8 billion. However, investing isn't always about following the herd. Often, the underdog can win big, too. Is AMD poised to perform better in 2025? Keep reading to discover if the stock is a buy right now.
HSBC analyst Frank Lee sees that trend continuing, and lowered his price target on AMD shares by $90, to $110 per share, and clipped his rating on the stock to 'reduce' from 'buy' in a note published Wednesday.
CEO Jensen Huang said Nvidia tapped MediaTek to co-design an energy-efficient CPU that could be sold more widely.
According to Yahoo! Finance, analysts' estimates call for earnings to be up 25% in 2024 and another 54% in 2025. Given this, you would think the stock would trade at a high multiple of earnings, but at the current $130 share price, investors can buy AMD stock at a reasonable 25 times 2025 estimates.
Artificial intelligence (AI) stocks have soared over the last couple of years as optimism about the technology and its capabilities continues to grow. As most investors know, one
It finally happened. Robot vacuums have limbs. Roborock and Dreame both showed off vacuums with appendages at CES 2025: Roborock debuted its Saros Z70 with an arm to pick up socks, and Dreame added legs to its X50 Ultra to climb a small step. But it was Dreame’s concept bot that put the pieces together.