Despite supplying some of the world's most sought-after chips, Advanced Micro Devices (NASDAQ: AMD) has declined 49% since it peaked in March 2024. Over the same period, Nvidia stock has increased about 40%.

Citigroup cut shares of Advanced Micro Devices (NASDAQ:AMD – Free Report) from a strong-buy rating to a hold rating in a research note published on Wednesday,Zacks.com reports. Several other equities analysts have also recently issued reports on AMD.

We recently compiled a list of the 12 Best Long-term Stocks to Invest in for High Returns. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other stocks.

Advanced Micro Devices' (NASDAQ: AMD) share price plunged more than 10% following what can only be described as a great report. While the Q1 guidance may be tepid, analysts set the bar high, and growth is expected to continue under the influence of AI for many years.

We recently published a list of 10 AI Stocks Dominating Wall Street. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against other AI stocks dominating Wall Street.

Advanced Micro Devices (NASDAQ:AMD – Free Report) had its target price reduced by Susquehanna from $165.00 to $150.00 in a research note released on Wednesday,Benzinga reports. They currently have a positive rating on the semiconductor manufacturer’s stock.