Advanced Micro Devices (AMD) closed at $214.47 (down 0.71%) as its data center segment's robust growth continues to attract strong buy upgrades. While the company shows fundamental strength, the stock faces mixed analyst sentiment and technical pressure amid broader market weakness.
- The data center segment now represents over 52% of total revenue, driven by a 39% year-over-year growth rate.
- Analyst ratings are currently mixed: Benchmark and Roth Capital issued buy ratings, whereas StockInvest.us revised its recommendation to sell citing potential overvaluation.
- Bank of America views AMD as undervalued relative to NVIDIA, though insider sentiment has turned negative with a -46.532 ratio.