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Advanced Micro Devices Inc. in Need of a Better Pipeline, Analysts Say

December 28, 2024
According to analysts from Yahoo Finance, Advanced Micro Devices Inc. (AMD) is lagging behind Nvidia in terms of pipeline development by more than a year. This analysis comes as the stock of AMD received bullish coverage and experienced a significant increase. MT Bank Corp has also shown confidence in the company's potential and has acquired 6569 shares of AMD. Despite the positive coverage, analysts believe that AMD needs to work on improving its pipeline to compete effectively with Nvidia, a major rival in the industry. For professional advice on the movement of AMD's stock, Stocks Prognosis recommends consulting their experts.
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