Veteran analyst makes surprising pivot on AMD stock after earnings shock
Here’s what could be next for AMD stock.
It wasn’t lengthy ago that AMD was as soon as a Wall Avenue well-liked.
For a time, every thing AI-linked perceived to be with out issues grew to change into to gold, and Evolved Micro Devices was as soon as no exception. Traders believed that AMD's space as No. 2 precise on the motivate of Nvidia (NVDA) may translate to large rewards, too.
But good as AMD's (AMD) latest earnings describe reveals, expectations don’t always align with actuality.
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