U.S. Markets open in 5 hrs 45 mins

AMD Stock Is Falling, and One Analyst Says It’s Time to Take Profits

Tae Kim

It may be time to take some profits following (AMD) stock’s stunning rise this year, according to Mizuho Securities. Advanced Micro Devices (ticker: AMD) makes processors that act as the main computing brains for PCs, servers, and graphics cards, competing with (INTC) (INTC) and (NVDA) (NVDA). AMD stock has risen more than 75% so far this year as investors have grown optimistic about the company’s product offerings for 2019.