Advanced Micro Devices (AMD -6.37%) has been a top performer in the semiconductor industry over the last decade. The fabless chip stock has grabbed market share from Intel PCs and
Advanced Micro Devices (NASDAQ:AMD) fared better than most chipmakers during the tech sector rout on Monday. Where Nvidia (NASDAQ:NVDA) was crushed by 17%, losing $590 billion in the process, and Broadcom (NASDAQ:AVGO) plunged by a similar percentage,
After Monday's dramatic crash, tech stocks made a solid recovery in Tuesday's premarket. Nvidia led the way, climbing over 5%.
In a report released today, Joseph Moore from Morgan Stanley maintained a Buy rating on Broadcom (AVGO – Research Report), with a price target
NVIDIA, Taiwan Semiconductor Manufacturing, Advanced Micro Devices, Intel, Broadcom and SOXX are part of the top Zacks Analyst Blog.