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Nvidia Rival AMD Hits 52-Week Lows - Buying Opportunity Or More Pain Ahead?

Benzinga LogoBenzinga19h ago

Nvidia Rival AMD Hits 52-Week Lows - Buying Opportunity Or More Pain Ahead? - Benzinga

Quick Summary:

AMD stock has plummeted 42.44% over the past year, down 15.06% year to date.It slipped another 2.17% on Feb.27 as Nvidia Corp's (NASDAQ:NVDA) blockbuster earnings reinforced its dominance in the AI chip race.

Read Also: Nvidia Shares Dip Despite Strong Q4 Earnings Beat, Record Revenue: What’s Going On?

While AMD's data center business is growing, the stock's technical setup suggests the pain may not be over yet.

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Article Details

Author / Journalist: Surbhi Jain

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-27 @ 17:01:09 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 410 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26479471

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 31 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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The story "Nvidia Rival AMD Hits 52-Week Lows - Buying Opportunity Or More Pain Ahead?" was covered 19 hours ago by Benzinga, a news publisher based in United States.

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  • URL: https://beamstart.com/news/nvidia-rival-amd-hits-52-17406762775833

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