10 Important AI News and Ratings for Today

4. Advanced Micro Devices, Inc. (NASDAQ:AMD)

Number of Hedge Fund Holders: 107

Advanced Micro Devices, Inc. (NASDAQ:AMD) designs semiconductors, providing processors and graphics solutions for gaming, data centers, and embedded systems, emphasizing high-performance computing for AI applications. On January 27, Wedbush reduced its price target for AMD from $200 to $150 but maintained an Outperform rating ahead of the company’s earnings report. The firm adjusted its 2025 outlook as it lowered expectations for AI GPU sales while raising projections for server performance. It noted signs of AMD scaling back its build expectations but believes these adjustments are already reflected in market expectations.