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Wall Street Downgrades AMD Amid Slowing AI Growth, But Long-Term Potential Remains
Wall Street Downgrades AMD Amid Slowing AI Growth, But Long-Term Potential Remains
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Advanced Micro Devices faces a Wall Street downgrade as Seaport Research shifts its rating to Neutral, citing slowing growth in AI accelerators. Despite a 37% year-to-date rally, AMD shares have dipped 8% in the past month, trading at $161.79. Supply chain checks reveal headwinds in the data center segment where AMD remains a key player.
The semiconductor stock remains paradoxically under-owned despite outperforming peers. Analysts see latent value in AMD's MI355 GPU and AI/data center roadmap, with Stifel and Raymond James maintaining bullish $190-$200 price targets. 'The most overlooked play in semis' now trades at a discount to its growth potential.
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