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 Lisa Su suggesting that chip supplies could be tight in 2025. “And going into the next few quarters going into 2025, I think we expect that the environment will continue to be tight, but we’ve also planned for significant growth going into 2025. And so we feel good about our overall supply chain capability,” Su said on the company’s Q3 earnings call. Q4 expectations from the company are already lower than Wall Street analysts predicted. “The concern from here is that AMD won’t be able to provide upside to [Wall] Street estimates that are already $8 billion-$9 billion for calendar 2025,” Jefferies analysts say in a Reuters report.

Also Read: Amazon (AMZN): AI Cloud Investments To Send Stock to $300?

On Jan 13, KeyBanc analyst John Vinh lowered AMD’s price target to $150 from $220 and affirmed an overweight rating. KeyBanc sees negative impacts for AMD as demand for the MI325 GPU has been weaker than expected, largely because it offers only minor improvements over its predecessor, the MI300. Other firms are following suit with lowering their predictions for AMD stock, meaning the AI company could have a rough spell in the opening months of 2025.

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