AMD Gets A Downgrade And It's Not DeepSeek Related

1. Melius Research downgraded AMD from Buy to Hold. 2. Price target lowered from $160 to $129 amid pessimism. 3. Analyst concerns include competition from Nvidia in the x86 market. 4. 2025 EPS estimates cut from $4.91 to $4.54 reflecting weaker revenue growth. 5. Future Data Center growth anticipated to decline from previous forecasts.