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top investor advises against buying amd stock amid ai competition
Top investor Nexus Research advises against buying AMD stock, citing its lagging position in the AI sector compared to Nvidia. Despite AMD's strong revenue and a lower valuation, the investor highlights significant challenges, including the shift towards custom silicon by major tech companies. While Wall Street analysts maintain a Moderate Buy consensus with a potential 50% upside, Nexus assigns a Hold rating, urging investors to recognize the realities of AMD's market position.
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