Advanced Micro Devices Stock News

HSBC analyst Frank Lee upgraded shares of chip maker Advanced Micro Devices as it pushes to compete with Nvidia to power artificial-intelligence software.

Advanced Micro Devices unveiled a new series of chips for artificial intelligence-enabled personal computers on Tuesday as it looks to expand its share of the lucrative "AI PCs" market.

At least, that's the perspective of HSBC analyst Frank Lee, who upgraded AMD shares AMD, -1.81% to buy from hold in a Tuesday report. He boosted his price target to $225 from $180, with the new target

AMD's new processors will compete against Nvidia's and Intel's chips that are specifically designed for AI PCs.

Tech stocks appeared poised to struggle for direction early Tuesday after a sharp selloff Monday.

Although shares of Advanced Micro Devices (NASDAQ: AMD) reached a new all-time high (ATH) on March 8 this year following the launch of AMD's new artificial intelligence (AI) microchip, the Advanced Mi

Advanced Micro Devices (AMD) reachead $160.32 at the closing of the latest trading day, reflecting a -1.81% change compared to its last close.

Mention potential chip stocks to invest in and Nvidia (NASDAQ: NVDA ) is likely the first name that springs to mind. That's for good reason: Nvidia is a dominant force in artificial intelligence and i

As Washington tightens restrictions on high-tech exports to China, Beijing has intensified its push for self-sufficiency in critical industries., hampering chip firms like Intel (INTC) and Advanced Mi

Considering Advanced Micro Devices stock (NASDAQ: AMD ) valuation, buying shares now may not seem like the optimal move. However, the company's positive outlook warrants further evaluation, especially

Tech stocks were in rebound mode early Monday on investor relief that the conflict between Iran and Israel has not yet escalated further.

Early market action Monday indicates relief that the weekend's attack on Israel by Iran may signal the peak of tensions in the region. Some of the risk-off trades from Friday are being unwound, with s

Investors are constantly on the outlook for stocks to buy for the long-term and for the reasons to invest into those firms. It's very simple to identify stocks that are performing well over a recent g

Griffin's Citadel hedge fund owns thousands of stocks, including all the "Magnificent Seven" stocks. However, the billionaire's biggest bet is perhaps surprising and relatively unexciting.

Nvidia's dominance in GPUs has allowed it to achieve a majority market share in AI chips. Meanwhile, Microsoft's vast financial resources led to a lucrative partnership with OpenAI and access to some