Advanced Micro Devices (AMD) Down More Than 13.9%, Here’s What You Need to Know

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​Advanced Micro Devices, Inc. (NASDAQ:AMD) is 1 of the Best Stocks to Buy and Hold for 2026. The stock terms of Advanced Micro Devices, Inc. (NASDAQ:AMD) has slid 13.97% during the past month. However, Wall Street maintains a affirmative sentiment connected the stock, with analysts’ 12 period terms people reflecting 38.7% upside from the existent levels.

​On December 17, Louis Miscioscia from Daiwa reiterated a Buy standing connected the banal with a $300 terms target. Earlier connected December 16, Cantor Fitzgerald and Bank of America Securities besides reiterated a Buy standing connected the stock. However, some firms reduced the terms targets. Cantor Fitzgerald reduced the terms people from $350 to $300, and BofA lowered the people from $300 to $260.

​Analyst Vivek Arya of BofA noted that the reduced terms people reflects the firm’s updated outlook crossed the United States semiconductor stocks. The steadfast sees 2026 arsenic the midpoint of an 8 to 10-year-long AI infrastructure cycle. However, BofA expects volatility successful 2026, driven by accrued capitalist scrutiny regarding instrumentality connected concern and hyperscale currency flow. On the agleam side, the steadfast expects that the volatility volition beryllium balanced by accrued request for ample connection exemplary developers and AI mill expansions.

​On the different hand, C J Muse from Cantor Fitzgerald noted that the Philadelphia Semiconductor Index is expected to outperform the S&P 500 by astir 30 points successful calendar twelvemonth 2025. He noted that this outperformance is driven by the accrued request for AI compute, networking, memory, and instrumentality sectors. Although the expert remains cautious successful the short-term owed to mixed signals, the macro situation remains robust, driven by accrued request for AI infrastructure. Therefore, Muse remains overweight connected Advanced Micro Devices, Inc. (NASDAQ:AMD).

Advanced Micro Devices, Inc. (NASDAQ:AMD) is simply a planetary semiconductor institution that manufactures GPUs, microprocessors, and high-performance computing solutions and serves a fig of high-growth industries similar gaming, information centers, and AI.

While we admit the imaginable of AMD arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.

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