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AMD Stock Slumps
AMD Stock Slumps After Downgrade. Why It’s Trailing in the AI Chips Race.
Strategists at HSBC led by Frank Lee lowered their price target on the shares to $110 from $200 and cut the rating to Reduce from Buy.
AMD Stock Slumps After Double Downgrade by HSBC on AI Revenue Concerns
Key Takeaways Advanced Micro Devices shares fell Wednesday after a double downgrade by analysts at HSBC to "reduce" from "buy."The firm cut its forecast for AMD's artificial intelligence chip revenue in 2025 and said an upcoming chip from the company is unlikely to compete with Nvidia's offerings.
AMD stock down as HSBC cuts rating on less competitive AI roadmap
HSBC (LON:HSBA) analysts on Wednesday downgraded AMD (NASDAQ:AMD) stock to Reduce from Buy, and nearly halved their price target to $110 from $200, citing a less competitive AI GPU roadmap. The analysts believe that AMD's ability
AMD, CES
AMD unveils new chips for laptops, desktops, and gaming handhelds at CES 2025
At CES 2025 in Las Vegas, AMD unveiled a slew of new chips destined for devices ranging from desktops to gaming handhelds.
AMD is creeping into gaming territory at CES 2025. Here's why Intel should be worried
AMD chips abound in gaming laptops this year at CES. I chatted with AMD's Chief Architect of Gaming Solutions about the organization's overall strategy.
Nvidia founder Jensen Huang unveils next generation of AI and gaming chips at CES 2025
In a packed Las Vegas arena, Nvidia founder Jensen Huang stood on stage and marveled over the crisp real-time computer graphics displayed on the screen behind him. He watched as a dark-haired woman walked through ornate gilded double doors and took in the rays of light that poured in through stained glass windows.
AMD, Absci and AI
AMD Invests in Drug-Discovery Company Absci in Push to Sell AI Chips
The $20 million deal gives the chip supplier a toehold in the life-sciences market, a strategy it plans to replicate in other industries.
AMD invests $20M in AI-powered drug discovery company Absci
Absci will use AMD’s $20 million investment to enhance its AI models. In parallel, the companies will collaborate to develop new hardware and software optimized for the healthcare sector. The effort will place particular emphasis on developing technologies that can advance drug discovery.
Absci and AMD Announce Collaboration and Strategic Investment to Accelerate the Future of AI Drug Discovery
Absci Corporation (NASDAQ: ABSI), a data-first generative AI drug creation company, today announced a strategic collaboration with AMD to deploy AMD Instinctâ„¢ accelerators and ROCmâ„¢ software to power critical AI drug discovery workloads,
7h
on MSN
Biden to Further Limit Nvidia, AMD AI Chip Exports in Final Push
President Joe Biden’s administration plans one additional round of restrictions on the export of artificial intelligence ...
Interesting Engineering on MSN
2d
AMD’s new AI PC chips deliver unmatched gaming and content creation power
AMD claims the Ryzen 9000 CPUs are up to 8% faster than the previous Ryzen 9 7950X3D, with improvements in games like Black ...
2d
on MSN
AMD brings back 3D V-Cache chips for gaming laptops
As part of its high-end gaming laptop chip lineup, AMD has announced the Ryzen 9 9955HX3D, bringing 3D V-Cache to mobile for ...
2d
on MSN
AMD builds out its foundation with Ryzen AI 300, Ryzen 200 chips
AMD is pushing into more mainstream computing with the launch of new Ryzen AI 300 chips and a new Ryzen 200 CPU family.
1d
CES 2025: AMD Introduces Radeon RX 9070 Series GPUs
The next-generation GPUs will be available in the first quarter of 2025. Plus, AMD shows upcoming AI chips for mobile ...
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AMD’s Ryzen 9 9950X3D — best processor for gamers and creators — is among many new chips coming
Lisa Su, CEO of AMD, said at CES 2025 that the AMD Ryzen 9 9950X3D is the best processor for gamers and creators.
16h
on MSN
AMD is going head-to-head with Nvidia in AI-backed drug discovery with new deal
Chip maker AMD is investing $20 million in AI drug startup Absci, which will use AMD chips and software for drug development.
1d
AMD Launches Ryzen AI Max CPUs
AMD announced its Ryzen AI Max processors at CES, ushering in a new series of AMD-based AI PCs and laptops. The chipmaker ...
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