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AMD (AMD) cut at Northland as AI 'not as big as investors are thinking'
January 22, 2024 9:08 AM ESTAMD (NASDAQ: AMD) was cut to Market Perform by Northland Capital on Monday, with the firm removing its price target for the stock, saying AI is not as big as investors are thinking.
"It's really big, just not as big as investors are... More
Northland Capital Markets Downgrades AMD (AMD) to Market Perform, 'AI is Big, Its Really Big, Just Not as Big as Investors are Thinking'
January 22, 2024 6:46 AM ESTNorthland Capital Markets analyst Gus Richard downgraded AMD (NASDAQ: AMD) from Outperform to Market Perform.
The analyst comments "AI chip growth in CY23 benefited from the ChatGPT moment, ASP increases, double ordering, and Chinese companies stockpiling. We forecast AI chip... More
