AMD Trading Volume Drops 30.58% to 17th Place as HSBC Upgrades Stock Rating

Generated by AI AgentAinvest Volume Radar
Wednesday, May 28, 2025 8:00 pm ET1min read

On May 28, 2025,

(AMD) experienced a significant decline in trading volume, with a total turnover of $30.12 billion, marking a 30.58% decrease from the previous day. This placed AMD's trading volume at the 17th position among all stocks traded that day. , Inc. (SMCI) also saw a decline, dropping by 1.48%.

HSBC has upgraded its rating on Advanced Micro Devices, Inc. (NASDAQ:AMD) from Sell to Hold, and increased its price target from $75 to $100. This upgrade reflects a more optimistic outlook on the company's future performance, driven by recent positive developments and market conditions.

HSBC's decision to upgrade AMD's stock rating comes after a period of re-evaluation, during which the firm cited the recent re-rating of the shares. This re-rating is likely due to various factors, including improved market sentiment and potential growth opportunities for the company.

Analysts at HSBC Global Research have also noted the potential for future upside in AMD's stock, further supporting the decision to upgrade the rating. This optimistic outlook is based on the company's strong position in the semiconductor industry and its ability to capitalize on emerging technologies.

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