Advanced Micro Devices (NASDAQ:AMD – Free Report) had its price target trimmed by Benchmark from $200.00 to $170.00 in a report issued on Wednesday morning,Benzinga reports. The brokerage currently has a buy rating on the semiconductor manufacturer’s stock.

We recently compiled a list of the 35 Chip Stocks In Focus Amid Tech Selloff. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other chip stocks.

Advanced Micro Devices' (NASDAQ: AMD) share price plunged more than 10% following what can only be described as a great report. While the Q1 guidance may be tepid, analysts set the bar high, and growth is expected to continue under the influence of AI for many years.

We recently compiled a list of the 9 AI Stocks Investors Are Monitoring. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other AI stocks.