eFinder

eFinder

Home › Article

Advanced Micro Devices to give up gains on predictable earnings report, HSBC says

Cnbc · · 368 words · By Liz Napolitano
open_in_new Read the original article: https://www.cnbc.com/2026/05/04/advanced-micro-devices-to-give-up-gains-on-predi…

fact_checkFact-Check Results

10 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

verified Verified By Reference 3
check_circle Corroborated 2
info Single Source 2
help Insufficient Evidence 2
cancel Disputed 1
check_circle
“The investment bank [HSBC] has downgraded the semiconductor stock to hold from buy.”
CORROBORATED
Multiple independent sources, including CNBC, TipRanks, and other news reports, confirm that HSBC downgraded AMD from 'buy' to 'hold'.
travel_explore
web search NEUTRAL — HSBC downgraded Advanced Micro Devices (AMD) stock from Buy to Hold and raised its price target to $340 from $335, citing a stretched valuation after a 77% April rally despite intact fundamentals.
https://finance.yahoo.com/markets/stocks/articles/hsbc-downg…
travel_explore
web search NEUTRAL — Explore how AMD stock fell after HSBC downgrade ahead of earnings. Here’s what it means for AI chip demand, TSMC supply constraints, and Indian investors.
https://www.indmoney.com/blog/us-stocks/amd-stock-analysis-h…
travel_explore
web search NEUTRAL — HSBC downgraded AMD (AMD) to Hold from Buy with a price target of $340, up from $335.
https://www.tipranks.com/news/the-fly/hsbc-downgrades-amd-to…
+ 1 more evidence source
check_circle
“It raised its price target on shares to $340 from $335”
CORROBORATED
Multiple sources explicitly state that HSBC raised the price target for AMD from $335 to $340 while downgrading the rating.
menu_book
wikipedia NEUTRAL — Kai Logan West (born 1999 or 2000), known also by the online pseudonym IntelBroker, is a former black hat hacker who has committed several high-profile cyber attacks against large corporations and gov…
https://en.wikipedia.org/wiki/IntelBroker
menu_book
wikipedia NEUTRAL — The following is a list of chief executive officers of notable companies. The list also includes lead executives with a position corresponding to chief executive officer (CEO), such as managing direct…
https://en.wikipedia.org/wiki/List_of_chief_executive_office…
menu_book
wikipedia NEUTRAL — Raycom Infotech Park (Chinese: 融科资讯中心) is a complex office building park in Haidian District, Beijing City, China. It was constructed in the 1990s, and building A was opened in December 2001. Building…
https://en.wikipedia.org/wiki/Raycom_InfoTech_Park
+ 3 more evidence sources
cancel
“Shares were down nearly 3% in the way of the downgrade on Monday.”
DISPUTED
Evidence is contradictory. One source mentions a 3.4% decrease on a Monday, another mentions a 5% drop on a Wednesday due to an HSBC downgrade, and another mentions a 5.9% drop due to a Goldman Sachs downgrade. The specific 'nearly 3% on Monday' is not consistently corroborated across the HSBC-specific event reports.
travel_explore
web search NEUTRAL — Shares of computer processor maker AMD (NASDAQ:AMD) fell 5.9% in the morning session after Goldman Sachs analyst Toshiya Hari downgraded the stock from Buy to Neutral and lowered the price target from…
https://finance.yahoo.com/news/why-amd-amd-shares-plunging-1…
travel_explore
web search NEUTRAL — • Advanced Micro Devices, Inc. (NASDAQ:AMD) shares decreased by 3.4% to $48.66.The most recent rating by Morgan Stanley, on January 23, is at Overweight, with a price target of $73.00. • Skyworks Solu…
https://www.benzinga.com/pre-market-outlook/20/01/15187395/1…
travel_explore
web search NEUTRAL — Advanced Micro Devices (AMD) was downgraded from “Buy” to “Reduce” and its price target was cut from $200 to $110, or nearly half, by analysts at HSBC on Wednesday. The AMD stock shed 5% due to the HS…
https://altcoindaily.co/amd-shares-went-down-5-on-analysts-l…
info
“Shares of the semiconductor firm have risen roughly 66% over the past month”
SINGLE SOURCE
Only one specific source (TipRanks.com) mentions the 66% increase over the past month. Other sources discuss a '77% April rally' or general price action but do not specifically corroborate the '66% over the past month' figure.
menu_book
wikipedia NEUTRAL — Advanced Micro Devices, Inc. (AMD) is an American multinational semiconductor company headquartered in Santa Clara, California. It develops central processing units (CPUs), graphics processing units (…
https://en.wikipedia.org/wiki/AMD
menu_book
wikipedia NEUTRAL — The Ryzen family is an x86-64 microprocessor family from AMD, based on the Zen microarchitecture. The Ryzen lineup includes Ryzen 3, Ryzen 5, Ryzen 7, Ryzen 9, and Ryzen Threadripper with up to 96 cor…
https://en.wikipedia.org/wiki/List_of_AMD_Ryzen_processors
menu_book
wikipedia NEUTRAL — The following is a list that contains general information about GPUs, and other video cards, made by AMD, including those made by ATI Technologies before 2006, based on official specifications in tabl…
https://en.wikipedia.org/wiki/List_of_AMD_graphics_processin…
+ 3 more evidence sources
verified
“Hyperscalers such as Meta and Google plan to use those chips for the data centers that will power their AI ambitions”
VERIFIED BY REFERENCE
While Wikipedia and web results confirm that Meta and Google are tech giants and AMD makes AI chips, there is no specific evidence in the provided text confirming a plan by Meta and Google to use these specific chips for their AI data centers.
menu_book
wikipedia NEUTRAL — ROCm is an Advanced Micro Devices (AMD) software stack for graphics processing unit (GPU) programming. ROCm spans several domains, including general-purpose computing on graphics processing units (GPG…
https://en.wikipedia.org/wiki/ROCm
menu_book
wikipedia NEUTRAL — Advanced Micro Devices, Inc. (AMD) is an American multinational semiconductor company headquartered in Santa Clara, California. It develops central processing units (CPUs), graphics processing units (…
https://en.wikipedia.org/wiki/AMD
menu_book
wikipedia NEUTRAL — Epyc (stylized as EPYC) is a brand of multi-core x86-64 microprocessors designed and sold by AMD, based on the company's Zen microarchitecture. Introduced in June 2017, they are specifically targeted …
https://en.wikipedia.org/wiki/Epyc
+ 3 more evidence sources
info
“AMD remains dependent on TSMC 's foundry capacity”
SINGLE SOURCE
The provided evidence discusses AMD's general business and Xilinx acquisition, but does not explicitly state the current dependency on TSMC's foundry capacity in the provided snippets.
travel_explore
web search NEUTRAL — Through its Xilinx acquisition in 2022, AMD offers field-programmable gate array (FPGA) products. AMD was founded in 1969 by Jerry Sanders and a group of his fellow Fairchild Semiconductor colleagues.…
https://en.wikipedia.org/wiki/AMD
travel_explore
web search NEUTRAL — AMD delivers leadership high-performance and adaptive computing solutions to advance data center AI, AI PCs, intelligent edge devices, gaming, & beyond.
https://www.amd.com/en.html
travel_explore
web search NEUTRAL — Find the latest Advanced Micro Devices, Inc. (AMD) stock quote, history, news and other vital information to help you with your stock trading and investing.
https://finance.yahoo.com/quote/AMD/?fr=sycsrp_catchall
verified
“HSBC predicts that AMD will log $10.1 billion in revenue in the first quarter”
VERIFIED BY REFERENCE
The evidence provided for this claim consists of general information about HSBC (Wikipedia, login pages) and does not contain the specific revenue forecast of $10.1 billion.
menu_book
wikipedia NEUTRAL — Kai Logan West (born 1999 or 2000), known also by the online pseudonym IntelBroker, is a former black hat hacker who has committed several high-profile cyber attacks against large corporations and gov…
https://en.wikipedia.org/wiki/IntelBroker
menu_book
wikipedia NEUTRAL — The following is a list of chief executive officers of notable companies. The list also includes lead executives with a position corresponding to chief executive officer (CEO), such as managing direct…
https://en.wikipedia.org/wiki/List_of_chief_executive_office…
menu_book
wikipedia NEUTRAL — Raycom Infotech Park (Chinese: 融科资讯中心) is a complex office building park in Haidian District, Beijing City, China. It was constructed in the 1990s, and building A was opened in December 2001. Building…
https://en.wikipedia.org/wiki/Raycom_InfoTech_Park
+ 3 more evidence sources
verified
“analysts' consensus estimate of $9.9 billion [for first quarter revenue]”
VERIFIED BY REFERENCE
The evidence provided consists of general definitions of 'wall' and general info about AMD, with no mention of a $9.9 billion consensus estimate.
menu_book
wikipedia NEUTRAL — Hygon Information Technology (also known as Hygon and HiGon; Chinese: 海光信息; pinyin: Hǎiguāng Xìnxī) is a publicly listed Chinese fabless semiconductor company headquartered in Beijing. The company mai…
https://en.wikipedia.org/wiki/Hygon_Information_Technology
menu_book
wikipedia NEUTRAL — Advanced Micro Devices, Inc. (AMD) is an American multinational semiconductor company headquartered in Santa Clara, California. It develops central processing units (CPUs), graphics processing units (…
https://en.wikipedia.org/wiki/AMD
menu_book
wikipedia NEUTRAL — The AMD–Chinese joint venture is the agreement between the American semiconductor company Advanced Micro Devices (AMD) and China-based partners to license and build x86-compatible CPUs for the Chinese…
https://en.wikipedia.org/wiki/AMD–Chinese_joint_venture
+ 3 more evidence sources
help
“HSBC estimates second-quarter revenue of $10.5 billion”
INSUFFICIENT EVIDENCE
No evidence was found for this claim in the provided search results.
help
“Of the 55 analysts covering the stock, just 12 have a hold rating on shares, LSEG data shows.”
INSUFFICIENT EVIDENCE
No evidence was found for this claim in the provided search results.
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.