Information
AMD stock was falling after Goldman Sachs downgraded the chip maker’s shares and named its rivals am...
Original sourceAI Summary
Goldman Sachs downgraded AMD from Buy to Neutral, cutting target to $129. AMD's revenue estimates for 2025/26 were reduced by double digits. AMD stock fell 5.6% in premarket trading after the downgrade. Nvidia remains bullish, with Goldman citing their GPU as the industry standard. Separation in semiconductor performance highlighted AMD's struggles vs AI-focused stocks.
Sentiment Rationale
Goldman Sachs' downgrade and reduced price target negatively affect AMD's market perception.
Trading Thesis
Immediate market reactions to downgrades tend to have short-term impacts on stock prices.
Market-Moving
- Goldman Sachs downgraded AMD from Buy to Neutral, cutting target to $129.
- AMD's revenue estimates for 2025/26 were reduced by double digits.
- AMD stock fell 5.6% in premarket trading after the downgrade.
Key Facts
- Goldman Sachs downgraded AMD from Buy to Neutral, cutting target to $129.
- AMD's revenue estimates for 2025/26 were reduced by double digits.
- AMD stock fell 5.6% in premarket trading after the downgrade.
- Nvidia remains bullish, with Goldman citing their GPU as the industry standard.
- Separation in semiconductor performance highlighted AMD's struggles vs AI-focused stocks.
Companies Mentioned
- AMD (AMD)
- NVDA (NVDA)
- AVGO (AVGO)
- MU (MU)
- TER (TER)
Analyst Rating
Analyst downgrades directly impact investor sentiment and trading behavior for AMD.