AMD Stock Slips as Jefferies Downgrades, Says Nvidia Has ‘Significant’ Advantage
From Yahoo Finance: 2025-03-27 11:52:00
AMD shares fell after Jefferies analysts downgraded the stock, citing widening performance gap with Nvidia. AMD shares down nearly 4% to $106, losing over 40% in value in 12 months. Nvidia’s GPU outperformed AMD in recent tests, analysts say. Intel’s potential competition also factored into downgrade. Expectations of mounting competition from Intel contributed to the downgrade, as they believe Intel could have “fairly competitive chips” by next year under its new CEO.
Read more at Yahoo Finance: AMD Stock Slips as Jefferies Downgrades, Says Nvidia Has ‘Significant’ Advantage