Why These 15 Crypto Stocks Have Been Plunging In 2025

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13. Advanced Micro Devices Inc. (NASDAQ:AMD)

Number of Hedge Fund Holders In Q4 2024: 96

Advanced Micro Devices Inc. (NASDAQ:AMD) is a semiconductor company, and AMD’s GPUs are widely used to mine Bitcoin and other cryptos.

The stock is down significantly so far in 2025 due to disappointing Q4 2024 data center revenue metrics. Data center revenue grew 69% year-over-year to $3.86 billion but missed analysts’ expectations of $4.14 billion.

AMD has struggled to compete with Nvidia in the AI chip market. Nvidia’s dominance in AI training workloads and its rapid growth have overshadowed AMD’s progress in AI inference chips.

Plus, the broader data center/AI industry has been falling significantly due to concerns about AI profitability, especially after Microsoft canceled some of its data center contracts.

The consensus price target of $155.83 implies 55.35% upside.

AMD stock is down 16.96% year-to-date.

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