Gelonghui, December 10 | Bank of America stated that semiconductor company AMD is expected to experience pressure on its stock price due to increasing competitive pressures. Bank of America analyst Vivek Arya stated that AMD's potential for market share growth is limited due to the greater competitive risks in the ai field relative to nvidia's dominance. Cloud customers are also beginning to show a preference for customized chips, further affecting AMD's potential market share. It is anticipated that AMD will maintain a market share of around 4% next year. Bank of America has downgraded AMD's rating from "buy" to "neutral," and has reduced the target price from $180 to $155, which still offers an 11% potential upside compared to Friday's closing price.
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- Major Bank Rating | Bank of America: Downgrades AMD's target price to $155, with limited potential for market share growth.
大行评级｜美银：下调AMD目标价至155美元 市占率增长潜力有限
Major Bank Rating | Bank of America: Downgrades AMD's target price to $155, with limited potential for market share growth.
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