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Stockreport

AMD Gets Another Downgrade on Tough Competition With Nvidia [Yahoo! Finance]

Intel Corporation (INTC)  More Company Research Source: Yahoo! Finance
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
pressure the stock, according to Jefferies, which downgraded the chipmaker to hold. Most Read from Bloomberg They Built a Secret Apartment in a Mall. Now the Mall Is Dying. Why Did the Government Declare War on My Adorable Tiny Truck? How SUVs Are Making Traffic Worse Trump Slashed International Aid. Geneva Is Feeling the Impact. These US Bridges Face High Risk of Catastrophic Ship Strikes “AMD has considerable ground to cover before their products can compete,” wrote analyst Blayne Curtis, who previously had a buy rating on the stock. Nvidia's chips have “a significant performance advantage” over AMD's, and this gap should widen further with Nvidia's upcoming product cycles, a sign of AMD's “limited traction in AI.” Shares fell 3.1% in premarket trading. As of the last close, the stock is down almost 50% from a peak hit about a year ago. However, its year-to-date decline of 8.8% is milder than Nvidia's 15% drop. Even with the slump in AMD shares, Jefferies wrote, “S [Read more]
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Stockreport

AMD Gets Another Downgrade on Tough Competition With Nvidia [Yahoo! Finance]

Intel Corporation  (INTC) 
More Company Research Source: Yahoo! Finance
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
pressure the stock, according to Jefferies, which downgraded the chipmaker to hold. Most Read from Bloomberg They Built a Secret Apartment in a Mall. Now the Mall Is Dying. Why Did the Government Declare War on My Adorable Tiny Truck? How SUVs Are Making Traffic Worse Trump Slashed International Aid. Geneva Is Feeling the Impact. These US Bridges Face High Risk of Catastrophic Ship Strikes “AMD has considerable ground to cover before their products can compete,” wrote analyst Blayne Curtis, who previously had a buy rating on the stock. Nvidia's chips have “a significant performance advantage” over AMD's, and this gap should widen further with Nvidia's upcoming product cycles, a sign of AMD's “limited traction in AI.” Shares fell 3.1% in premarket trading. As of the last close, the stock is down almost 50% from a peak hit about a year ago. However, its year-to-date decline of 8.8% is milder than Nvidia's 15% drop. Even with the slump in AMD shares, Jefferies wrote, “S [Read more]
IMPACT SNAPSHOT
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INTC
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Low:
%
 POST NEWS RANGE
%
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TICKS
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PERFORMANCE SINCE EVENT
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