Advanced Micro Devices (NASDAQ:AMD) bears have been feasting over the past year with the stock shown to be a big laggard. In 2024, AMD declined by

Another analyst is casting doubt on Advanced Micro Devices Inc.’s growth potential in graphics processing units, leading to the latest downgrade of the semiconductor stock.

According to data by Jon Peddie Research, Nvidia now holds a 90% share in the GPU market, while AMD accounts for roughly 10%. Related: Analyst overhauls AMD stock price target as

Advanced Micro Devices (NASDAQ: AMD) stock saw significant sell-offs in December's trading. The semiconductor company's share price closed out the month down 11.9%, according to data from S&P Global Market Intelligence.