AMD Downgraded by Jefferies to "Hold", Slashes Target to $120 on AI Setback [Yahoo! Finance]
Intel Corporation (INTC)
Last intel corporation earnings: 4/23 04:07 pm
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Source: Yahoo! Finance
to " Hold " from "Buy" and trimming its price target to $120 from $135, according to a Thursday note. Warning! GuruFocus has detected 3 Warning Signs with AMD. The firm said AMD has yet to gain meaningful traction in the artificial intelligence space, a key reason it had been optimistic when it picked up coverage last May. Without clear signs of progress, Jefferies now doubts whether AMD can hit its ambitious AI revenue targets of $10 billion to $15 billion in 2026 and 2027. Adding to the cautious tone, Jefferies flagged tougher competition ahead. The brokerage pointed to fresh leadership at Intel ( NASDAQ:INTC ) as a possible catalyst for a stronger push in the Client PC market, a space where AMD has been battling for shares. For now, Jefferies is taking
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- AMD CEO Lisa Su talks ZT Systems, AI, impact of tariffs [Yahoo! Finance]Yahoo! Finance
- Intel (INTC) CEO Lip-Bu Tan Vows to Regain AI Leadership with New Strategy [Yahoo! Finance]Yahoo! Finance
- Why Intel says it had to delay its Ohio One project in New Albany [Yahoo! Finance]Yahoo! Finance
- Why the Market Dipped But Intel (INTC) Gained Today [Yahoo! Finance]Yahoo! Finance
- AMD Gets Another Downgrade on Tough Competition With Nvidia [Yahoo! Finance]Yahoo! Finance
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