Advanced Micro Devices Shares Drop 4% Despite Q2 Beat, Provides Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
New Street Research Reiterates Sell Rating on AMD (AMD), 'With the console cycle also slowing, expectations are at risk'
August 3, 2022 10:10 AM EDTNew Street Research analyst Pierre Ferragu reiterated a Sell rating and $80.00 price target on AMD (NASDAQ: AMD).
The analyst comments "AMD has won the right to be a sustainable challenger to Intel but should see market share momentum plateauing this year... More
