Advanced Micro Devices (NASDAQ:AMD) has a history of eating away at rivals’ dominance by delivering superior products, as evidenced by its

Advanced Micro Devices shares extended their recent run of declines Wednesday after a top Wall Street analyst cautioned that the chipmaker could continue to trail its peers' performance well into the new year.

Nvidia and AMD unveiled innovative products at CES 2025, showcasing advancements in AI and computing technology with strong sales growth.

On price alone, AMD has a leg up on Nvidia. AMD offers more affordable graphics card options, focusing on the budget and midrange options. AMD's flagship GPUs, the AMD Radeon RX 70 series, start as low as $269.99, with the upper range peaking at $999.

IGN sneakily put the RX 9070 graphics card through its paces in the built-in benchmark for Black Ops 6, and it appears to equal NVIDIA's RTX 4080 Super.

Images of a brand new AMD gaming GPU were teased via social media, with strong speculation that it's the new flagship RDNA 4 card on show.

AMD (NASDAQ:AMD) shares fell more than 4% in early trading on Wednesday, as HSBC downgraded the Dr. Lisa Su-led chipmaker, citing the belief of a "less competitive" offering compared to what Nvidia (NASDAQ:NVDA) has.

HSBC (LON:HSBA) analysts on Wednesday downgraded AMD (NASDAQ:AMD) stock to Reduce from Buy, and nearly halved their price target to $110 from $200, citing a less competitive AI GPU roadmap. The analysts believe that AMD's ability