Advanced Micro Devices may be losing its competitive edge, Wolfe Research analyst Chris Caso argued as he downgraded shares of the chip maker from Buy to Peer Perform. While shares of semiconductor manufacturers—including Nvidia,

Another analyst is casting doubt on Advanced Micro Devices Inc.’s growth potential in graphics processing units, leading to the latest downgrade of the semiconductor stock.

It's clear that AMD isn't the AI company Nvidia is. Its $3.5 billion in data center revenue in Q3 was a fraction of Nvidia's $30.8 billion. However, investing isn't always about following the herd. Often, the underdog can win big, too. Is AMD poised to perform better in 2025? Keep reading to discover if the stock is a buy right now.

In the assessment of 12-month price targets, analysts unveil insights for Advanced Micro Devices, presenting an average target of $176.61, a high estimate of $250.00, and a low estimate of $110.00. Experiencing a 9.17% decline, the current average is now lower than the previous average price target of $194.44.

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.

AMD (NASDAQ:AMD) was in focus on Thursday as investment firm Wolfe Research downgraded the semiconductor company, citing slower data GPU revenue growth than previously expected. Shares rose fractionally in premarket trading.