AMD Stock Target Falls, Is AMD Out of the AI Race in 2025? () program details. Reviews, Scam or Paying
Advanced Micro Devices (AMD) is looking to pick up ground on Nvidia in the AI technology race this year, but may be going in the wrong direction. Indeed, a new price target for the stock is lower than expectations from late 2024, with analysts labeling AMD “overweight.” AMD is one of the leading tech stocks in the industry, especially in artificial intelligence. However, it has had a rough start to the year. AMD is down 2% on the year, and nearly 6% this week. The stock is picking back up in the last 24 hours but has a ways to go to catch up to rival Nvidia. Advanced Micro Devices ( AMD ) shares dropped about 18% in 2024 as the company struggled to meet investors’ expectations. In turn, Nvidia stock had an explosive year, rising over 100%. Last year, rivals such as Broadcom ( AVGO ) and Marvell Technology ( MRVL ) rallied 108% and 83% as well respectively. AMD Stock To Fall in 2025? AMD also faces challenges in meeting the growing demand for its AI processors, with CEO...