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Barchart
Barchart
Pathikrit Bose

Is It Time to Sell This Second-Fiddle AI Stock Before 2025?

AMD Bank of America Nvidia Semiconductor Silo AI

Advanced Micro Devices (AMD), popularly known as AMD, has lived in the shadows of Nvidia (NVDA) in the artificial intelligence (AI) race. However, being a prominent player in a market projected to reach a staggering $2.1 trillion is not really a bad place to be.

Yet, Bank of America has concerns about AMD stock. Citing competitive pressure and a slowdown in the PC processor market as signs of trouble for the chipmaker, analysts have downgraded the stock to “Neutral” from “Buy” while lowering their price target to $155 from $180.

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