Wall Street Zen equity researchers downgraded Advanced Micro Devices (AMD) from a "buy" rating to a "hold" rating. The change occurred on Sunday, January 18, 2026.
This downgrade provides a contrasting view to the strong analyst sentiment that followed AMD’s significant AI processor announcements. These announcements were made earlier in the month at CES 2026.
Other recent analyst reports remain bullish. Firms including Jefferies and Truist Financial maintain "buy" ratings.
This positive sentiment is largely driven by AMD’s strategy for data-center CPUs and its push into the mass-market AI PC space. These areas are viewed as the company's next significant growth drivers.