US EditionBanking giant just identified Nvidia’s competitor to watch out for
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Banking giant just identified Nvidia’s competitor to watch out for
Banking giant Citi has named chipmaker Advanced Micro Devices (NASDAQ: AMD) better positioned to challenge industry leader Nvidia (NASDAQ: NVDA) following recent strategic developments. In an investor note on May 20, Citi analyst Christopher Danely reaffirmed his ‘Neutral’ rating on AMD, maintaining a price target of $100, implying a 12.9% downside from the current trading price of $114.74. AMD one-week stock price chart. Source: Google Finance …
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