Why Advanced Micro Devices Fell 18.1% in 2024
Shares of Advanced Micro Devices (NASDAQ: AMD) fell 18.1% in 2024, according to data from S&P Global Market Intelligence.
It may seem odd that AMD fell so much in 2024 given the outperformance of some of its AI-oriented semiconductor peers. Moreover, AMD met or beat revenue and earnings expectations on every one of its earnings releases last year.
The problem, therefore, may merely have been one of too-high expectations. After all, in 2023, AMD's stock rallied 127.6%. So it may not have been surprising that AMD took a step back last year, given high bar management had to clear.
Source Fool.com
Advanced Micro Devices Inc. Aktie
168,70 €
-5,18 %
Deutliches Buy-Überwiegen bei Advanced Micro Devices Inc. im Vergleich zu Sell-Einschätzungen.
Ein Kursziel von 213 € für Advanced Micro Devices Inc. könnte zu einer Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 168.7 € führen.
