Why AMD Stock Fell 15% in November
There was no shortage of news out on Advanced Micro Devices (NASDAQ: AMD) last month as investors reacted to a solid earnings report, a bullish analyst day conference, a strong earnings report from Nvidia, news that Meta was reportedly planning to buy AI chips from Google, and increasing concerns about a bubble in AI stocks.
By the end of the month, AMD had finished down 15%, according to S&P Global Market Intelligence, although it was volatile for much of the way, and there was good news despite the decline. The chart below shows how the stock swung back in forth over the course of the month.
Source Fool.com
Advanced Micro Devices Inc. Aktie
171,48 €
-1,24 %
Advanced Micro Devices Inc. ist ein klarer Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Eine deutliche Steigerung um mehr als 20% ist für Advanced Micro Devices Inc. mit einem Kursziel von 230 € gegenüber 171.48 € zu erwarten.
