Advanced Micro Devices (AMD) stock closed at $519.85 on June 23, down 5.76%. The stock was caught in the tech sector sell-off, as reported by Yahoo Finance.
This drop is probably just a small hiccup, given how the stock has performed over the longer time frame and the bullish ****** yst consensus.
The stock has gained 11.2% in the past month as of Wednesday morning, June 24.
AMD's main competitors in the AI ****** e, Nvidia (NVDA) and Broadcom (AVGO), lost 7.1% and 8.21%, respectively, over the past month, suggesting AMD is doing fairly well.
Bank of America revised its server CPU sales forecasts in April.
This drop is probably just a small hiccup, given how the stock has performed over the longer time frame and the bullish ****** yst consensus.
The stock has gained 11.2% in the past month as of Wednesday morning, June 24.
AMD's main competitors in the AI ****** e, Nvidia (NVDA) and Broadcom (AVGO), lost 7.1% and 8.21%, respectively, over the past month, suggesting AMD is doing fairly well.
Bank of America revised its server CPU sales forecasts in April.
2 days ago
