Analysts Downgrade AMD on Stretched Valuation, Shares at $448.94

Analysts downgraded Advanced Micro Devices (AMD.OQ) on May 14 due to overstretched valuations relative to growth prospects, with shares trading at $448.94 (+0.77%). This reverses earlier bullish sentiment from May 12 upgrades, which cited AMD's strong Q1 Data Center revenue growth and optimistic Q2 guidance driven by AI demand. Contextually, Palantir saw praise for ~85% YoY revenue growth and record GAAP margins, while May 14 also brought upgrades for Qualcomm's AI diversification and Shopify's e-commerce momentum, highlighting mixed AI sector views amid upgrades for QCOM ($201.72, -5.37%) and SHOP ($96.15, +0.79%).