The AMD Inc. (AMD) stock was downgraded to market perform from outperform at Bernstein. "I think this is good news for AMD shares as investors can buy them at a discount. Another semiconductor stock like Nvidia (NVDA) has some headwinds like geopolitical tensions in Ukraine and Russia, as well as uncertainty around the China reopening. That said, if you look at the bigger picture and artificial intelligence, you need semiconductors, electric vehicles, and 5G," says Sylvia Jablonski.
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