AMD Near Year-Low, Wolfe Research Predicts "Underwhelming" A.I. & PC Growth
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AMD Inc. (AMD) is nearing its 52-week low as Wolfe Research predicts potential challenges for the company in the upcoming January quarter, particularly in A.I. and PC growth.
December 17, 2024 | 4:00 pm
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AMD is facing potential challenges as it nears its 52-week low, with Wolfe Research predicting underwhelming growth in A.I. and PC sectors for the January quarter.
The prediction by Wolfe Research of underwhelming growth in key sectors like A.I. and PCs is likely to negatively impact investor sentiment, contributing to AMD's stock nearing its 52-week low. This could lead to a short-term decline in stock price.
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