The firm downgraded the chipmaker to hold from buy.
Related Posts
Merck’s 2025 revenue outlook falls short as it pauses Gardasil vaccine shipments to China
Merck’s full-year 2025 revenue guidance fell short of what some analysts were expecting, at a range of $64.1 billion to $65.6 billion.
Key Fed measure shows core inflation at 2.8%, in line with expectations
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis
AMD invests in GPU cloud provider Vultr at $3.5 billion valuation
AMD’s investment in Vultr comes after Nvidia backed GPU startup CoreWeave.