Yahoo Finance

Goldman Sachs downgrades Advanced Micro Devices (AMD) to Neutral from Buy, lowering their price target to $129 from $175. The analysts say other chipmakers are better positioned to compete, with Nvidia (NVDA) having a Buy rating from Goldman Sachs analysts.

Julie Hyman and Josh Lipton take a closer look at the analyst note and what it signals for AMD investors.

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This post was written by Naomi Buchanan.