AMD’s stock just got downgraded, with HSBC warning that the company’s “AI GPU roadmap is less competitive than we previously thought.”

HSBC lowered its rating on Advanced Micro Devices stock amid several concerns including the chipmaker's ability to compete with Nvidia. Here's what to know.

Advanced Micro Devices lags Nvidia in AI design wins, prompting a downgrade to sell. See why AMD stock faces little room to compete meaningfully with NVDA.

Chip maker AMD is investing $20 million in AI drug startup Absci, which will use AMD chips and software for drug development.

Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. See the 10 stocks » AMD is finding AI success on a sma

HSBC analyst Frank Lee sees that trend continuing, and lowered his price target on AMD shares by $90, to $110 per share, and clipped his rating on the stock to 'reduce' from 'buy' in a note published Wednesday.

CEO Jensen Huang said Nvidia tapped MediaTek to co-design an energy-efficient CPU that could be sold more widely.

Advanced Micro Devices shares fell Wednesday after HSBC analysts gave the stock a double downgrade, citing concerns about its artificial intelligence revenue.

Advanced Micro Devices (NASDAQ: AMD) stock saw significant sell-offs in December's trading. The semiconductor company's share price closed out the month down 11.9%, according to data from S&P Global Market Intelligence.

The Dutch government said it is holding talks with Nvidia Corp and Advanced Micro Devices Inc. regarding support for the construction of an artificial intelligence facility in the Netherlands.

Micron Technology, Inc. MU shares rose 2.7% on Tuesday following NVIDIA Corporation’s NVDA announcement that Micron would be a critical supplier for its groundbreaking GeForce RTX 50 Blackwell graphics processing units (GPUs).