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AMD, HSBC and NVIDIA
AMD Stock Slumps After Double Downgrade by HSBC on AI Revenue Concerns
Key Takeaways Advanced Micro Devices shares fell Wednesday after a double downgrade by analysts at HSBC to "reduce" from "buy."The firm cut its forecast for AMD's artificial intelligence chip revenue in 2025 and said an upcoming chip from the company is unlikely to compete with Nvidia's offerings.
AMD slides as HSBC downgrades on Nvidia worries
AMD (NASDAQ:AMD) shares fell more than 4% in early trading on Wednesday, as HSBC downgraded the Dr. Lisa Su-led chipmaker, citing the belief of a "less competitive" offering compared to what Nvidia (NASDAQ:NVDA) has.
HSBC says AMD can’t compete with Nvidia in 2025, double downgrades shares
HSBC downgraded AMD (AMD) to Reduce from Buy with a price target of $110, down from $200. AMD shares price have corrected by 24% in the past
AMD stock down as HSBC cuts rating on less competitive AI roadmap
HSBC analysts on Wednesday downgraded AMD (NASDAQ:AMD) stock to Reduce from Buy, and nearly halved their price target to $110 from $200, citing a less competitive AI GPU roadmap. The analysts believe that AMD's ability to
AMD Stock Tumbles On Analyst’s Double Downgrade Flagging AI GPU Weakness: Retail Sentiment Holds Strong
Advanced Micro Devices Inc. (AMD) stock tumbled more than 3% in pre-market trading on Wednesday after HSBC analysts double downgraded the stock to ‘Reduce’ from ‘Buy’, slashing their price target on the shares by nearly half to $110 from $200.
Bank of America upgraded to Buy HSBC, UBS
Bank of America upgraded to Buy HSBC, UBS; Truist raised to Buy at HSBC
Financial analysts from HSBC and UBS upgrade Bank of America to Buy, citing favorable earnings outlook and stock valuation in the current rate environment.
Bank of America upgraded to Buy from Neutral at UBS as stock ‘overlooked’
UBS upgraded Bank of America (BAC) to Buy from Neutral with a price target of $53, up from $43. UBS thinks Bank of America has largely been
UBS Upgrades Bank of America (BAC)
Fintel reports that on January 7, 2025, UBS upgraded their outlook for Bank of America (NYSE:BAC) from Neutral to Buy. Analyst Price Forecast Suggests 9.47% Upside As of December 23, 2024, the average one-year price target for Bank of America is $49.
4h
HSBC Holdings rises Wednesday, outperforms market
HSBA advanced 1.96% to £7.91 Wednesday, on what proved to be an all-around great trading session for the stock market, with ...
1d
HSBC: Overpriced For Gloom, Underpriced For Boom
Financial writer discusses HSBC's stock performance, potential for growth in Wealth and Personal Banking, and dependence on ...
22h
HSBC Hires Citi Banker to Lead International Wealth Hub in Singapore: BT
HSBC Holdings Plc. has named Jil Chin as the new head of international wealth hub for Singapore, the Business Times reported ...
3h
AMD Faces AI Roadblocks: HSBC Slashes Price Target by Nearly 50%
HSBC just hit the brakes on the chipmaker, downgrading the stock from Buy to Reduce and slashing its price target from $200 to $110a move that signals a rocky road ahead. HSBC analyst Frank Lee didn't ...
10h
HSBC Holdings: Strong Growth Prospects and Financial Health Justify Buy Rating with Over 20% Upside Potential
Rohith Chandrarajan, an analyst from Bank of America Securities, has initiated a new Buy rating on HSBC Holdings (HSBA).Stay Ahead of the ...
Business Wire
2d
HSBC appoints Lisa McGeough as President and CEO for the United States
HSBC announced that Lisa McGeough has officially been appointed President and Chief Executive Officer for the United States, ...
6h
2025 Marketing Predictions from HSBC Hong Kong’s Cheuk Shum
Shum calls it a landmark year for HSBC’s marketing team. His team executed a series of groundbreaking campaigns that pushed ...
The Edge Singapore
1d
HSBC appoints former Citibank wealth management director as new head of international wealth hub for Singapore
In her new role, Chin will oversee the scaling of HSBC’s offshore business through new client growth, deepening client ...
3h
on MSN
Can AMD gain ground on Nvidia? This new bear sees a tough road ahead.
AMD’s stock just got downgraded, with HSBC warning that the company’s “AI GPU roadmap is less competitive than we previously ...
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