HSBC Downgrades AMD Amid Concerns Over AI GPU Mark…
From Financial Modeling Prep: 2025-01-09 02:33:44
HSBC analysts downgraded AMD from “Buy” to “Reduce,” citing challenges in AI GPU roadmap and competition with Nvidia. Concerns include tepid MI325 GPU demand, revenue forecast cuts, and limited growth in non-AI segments. AMD shares fell 3% post-downgrade, with further downside risk. AMD’s AI market penetration lags behind Nvidia, impacting long-term growth. Investors should monitor AMD’s product roadmap and AI strategy closely for potential.
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