AMD stock downgraded due to China and tariff concerns, but CEO remains optimistic about future

From Yahoo Finance: 2025-04-08 11:01:00

KeyBanc Capital Markets senior research analyst John Vinh downgraded Advanced Micro Devices (AMD) to Sector Weight due to concerns about the sustainability of AMD’s China AI business and potential price war with Intel. AMD stock jumped nearly 5% as tariff fears subsided. AMD CEO Lisa Su remains optimistic about the company’s future despite tariff risks. Despite tariff uncertainty, AMD closed its $4.9 billion acquisition of ZT Systems to strengthen its presence in compute infrastructure.



Read more at Yahoo Finance: AMD stock catches a downgrade as concerns about China and tariffs heat up