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Cramer defends AMD after downgrade: 'This stock is going to go up much more'

Cnbc · · 51 words · By Alexa LoMonaco
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What to know about Cramer defends AMD after downgrade: 'This stock is going to go up much more'

Markets Cramer defends AMD after downgrade: 'This stock is going to go up much more' Key Points - CNBC's Jim Cramer said AMD still has significant upside, arguing AI-driven demand for CPUs will keep pushing the stock higher.

Claims checked 2
Techniques found 0
Topics 0

Coverage spectrum

Coverage gap: Low Left coverage
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Center100%
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5 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Markets Cramer defends AMD after downgrade: 'This stock is going to go up much more' Key Points - CNBC's Jim Cramer said AMD still has significant upside, arguing AI-driven demand for CPUs will keep pushing the stock higher.

Why it matters

- Cramer was responding to HSBC's downgrade of AMD to hold from buy.

Common ground

The clearest point to anchor on is this: Cramer was responding to HSBC's downgrade of AMD to hold from buy.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

open_in_new Read the original article: https://www.cnbc.com/2026/05/04/jim-cramer-amd-stock-downgrade.html

fact_checkClaims Checked

eFinder analyzed this article and checked 2 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

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info Single Source 1
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Claim 1: “Cramer was responding to HSBC's downgrade of AMD to hold from buy.”
CORROBORATED
Multiple independent sources confirm that HSBC downgraded AMD from 'Buy' to 'Hold' (or 'Reduce' in one instance), citing valuation concerns. This is reported across different news/financial summaries.
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web search NEUTRAL — Quick Read. 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 funda…
https://finance.yahoo.com/markets/stocks/articles/hsbc-downg…
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web search NEUTRAL — HSBC downgrades AMD stock rating to hold on valuation concerns.
https://news.google.com/stories/CAAqNggKIjBDQklTSGpvSmMzUnZj…
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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…
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Claim 2: “CNBC's Jim Cramer said AMD still has significant upside”
SINGLE SOURCE
While the evidence confirms Jim Cramer is the host of Mad Money and has discussed AMD in the past, the provided search results do not contain a specific quote or report stating that he currently believes AMD has 'significant upside'. One result mentions he discussed AMD, but does not provide the conclusion of that discussion.
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web search NEUTRAL — James Joseph Cramer (born February 10, 1955) is an American television personality, author, entertainer and former hedge fund manager. He is the host of Mad Money on CNBC and an anchor on Squawk on th…
https://en.wikipedia.org/wiki/Jim_Cramer
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web search NEUTRAL — We recently published an article titled Jim Cramer Discussed These 21 Stocks As Bond Yields Soared. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stan…
https://finance.yahoo.com/news/jim-cramer-advanced-micro-dev…
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web search NEUTRAL — "I'm actually thrilled by all the negativity because it means stocks can still go higher," the "Mad Money" host said.
https://www.youtube.com/watch?v=VH_LZfNr3qk
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.