AMD Stock Downgraded, Valuation Lowered
This is a news story, published by Investor's Business Daily, that relates primarily to AMD news.
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AMDInvestor's Business Daily
•AMD Stock Downgraded On AI Chip Competition, Weakening PC Sales
88% Informative
Risks to AMD stock include competition in artificial intelligence chips and weakening personal computer sales.
AMD stock fell more than 4% to 132.51 in morning trades on the stock market today .
On the positive side, AMD could benefit from struggles at rival Intel , BofA Securities analyst says.
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