• 点赞
  • 评论
  • 收藏

BUZZ-AMD hits 3-month low as BofA cuts to 'neutral'

Reuters12-09

BUZZ-AMD hits 3-month low as BofA cuts to 'neutral'

** Shares of Advanced Micro Devices AMD.O down 4% at $133 after hitting its lowest level in 3-months at $132.40

** BofA Global Research cuts to "neutral" from "buy", trims PT to $155 from $180

** Higher competitive risks in AI against best-of-breed Nvidia NVDA.O dominance, and growing cloud preference for custom chips from MRVL/AVGO, limiting AMD's market share gain potential - BofA

** AMD's challenge next year will be to take share in enterprise PC segment where INTC is dominant, while fending off threat from ARM-based ARM.O rivals - BofA

** Average rating of 54 brokerages covering stock is "buy"; median PT $180 - LSEG

** Stock falls for the third straight session, down 9% YTD including session losses compared to 22% rise in the Philadelphia chip index .SOX

(Reporting by Medha Singh)

((medha.singh@thomsonreuters.com))

免责声明:本文观点仅代表作者个人观点,不构成本平台的投资建议,本平台不对文章信息准确性、完整性和及时性做出任何保证,亦不对因使用或信赖文章信息引发的任何损失承担责任。

举报

评论

empty
暂无评论
 
 
 
 

热议股票

 
 
 
 
 

7x24