With AI Competition, AMD Drops to $151
NASDAQ:AMD Stock Analysis – AI Competition, Earnings Strain, and Valuation Risks at $151
AMD Faces Market Reversal After Summer Rally
Advanced Micro Devices (NASDAQ:AMD) closed at $151.14, dropping 6.58% in the last session and losing nearly 20% in under a month after a strong rally that had pushed shares close to their 52-week high of $186.65. The stock now trades only slightly above its 50-day moving average of $161.10 and well above its 200-day average of $125.68, highlighting the volatility that has gripped semiconductor equities. With a market capitalization of $245.3 billion and a sky-high trailing P/E ratio of 90.5, investor confidence rests entirely on AMD’s ability to capture a bigger share of the AI accelerator market…
