15 AI News Updates You Might Have Missed

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

Market Capitalization: $240 Billion

Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor manufacturer. On November 16, investment advisory Oppenheimer released an investor note on the semiconductor industry, detailing that the findings of a technical analysis indicated that Advanced Micro Devices stock should be sold by investors based on recent trading patterns. The advisory also downgraded the semiconductor names as a group to Market Weight from a previous rating of Overweight based on recent price movements.

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