📈 Stock Market 4d ago · David Moadel

HSBC Downgrades AMD to Hold After 77% Rally: Is the AI Chip Trade Out of Steam?

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The post HSBC Downgrades AMD to Hold After 77% Rally: Is the AI Chip Trade Out of Steam? appeared first on 24/7 Wall St..

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HSBC downgraded Advanced Micro Devices (AMD) stock from Buy to Hold and raised its price target to $340 from $335, citing a stretched valuation after a 77% April rally despite intact fundamentals.


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