📈 Stock Market 1d ago · David Moadel

AMD Sinks 6% Despite a Holding Pattern in Intel and NVIDIA: The Selective AI Chip Trade Is Here

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The post AMD Sinks 6% Despite a Holding Pattern in Intel and NVIDIA: The Selective AI Chip Trade Is Here appeared first on 24/7 Wall St..

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Advanced Micro Devices (AMD) shares dropped 6% to around $340 after HSBC downgraded the stock to Hold, citing stretched valuation at a 136x P/E ratio following a 72% one-month surge.


AMD faces e

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