Form 4 ADVANCED MICRO DEVICES For: Aug 15 Filed by: HUYNH JACK M
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- S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
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- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
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- Needham Starts NeoVolta (NEOV) at Buy
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Citi Reiterates Buy Rating on AMD (AMD)
August 21, 2024 4:59 AM EDTCiti analyst Christopher Danely reiterated a Buy rating and $210.00 price target on AMD (NASDAQ: AMD)
The analyst comments "Yesterday, AMD announced it will acquire ZT Systems for $4.9 billion with a 75% cash and 25% stock transaction. ZT Systems is a manufacturer for AI... More
Northland Reiterates Outperform Rating on AMD (AMD)
August 20, 2024 7:44 AM EDTNorthland analyst Gus Richard reiterated an Outperform rating and $175.00 price target on AMD (NASDAQ: AMD)
The analyst comments "AMD announced that it is acquiring ZT Systems for $4.9 billion. ZT Systems provides AI infrastructure to CSPs. We believe the acquisition will accelerate AMD's... More
Barclays Reiterates Overweight Rating on AMD (AMD)
August 20, 2024 5:35 AM EDTBarclays analyst Blayne Curtis reiterated an Overweight rating and $180.00 price target on AMD (NASDAQ: AMD)
The analyst comments "Our Take: In our view, this cements the systems-based approach NVDA has championed as potentially the majority of shipments in the coming year plus. AMD could have announced a board level/system-based solution tomorrow and we wouldn't... More
Piper Sandler Reiterates Overweight Rating on AMD (AMD), 'remains our top large-cap pick'
August 20, 2024 5:11 AM EDTPiper Sandler analyst Harsh Kumar reiterated an Overweight rating and $175.00 price target on AMD (NASDAQ: AMD)
The analyst comments "This morning, AMD filled a major gap in its system level offering with the announcement of the proposed acquisition of ZT... More
Edward Jones Starts AMD (AMD) at Buy, Adds to Stock Focus List
August 20, 2024 5:08 AM EDTEdward Jones analyst Logan Purk initiates coverage on AMD (NASDAQ: AMD) with a Buy rating.
The analyst comments "We are initiating coverage of AMD with a Buy rating and adding shares to the Stock Focus List. We believe the company should deliver outsized... More

