The initial trickle of cautiousness around AMD on Wall Street is increasingly turning into a near-consensus view, spurred by increased competition from Arm-based processors and a slower-than-expected growth trajectory for the company's data center GPUs. Goldman Sachs Downgrades $AMD to Neutral from Buy, Lowers PT to $129 from $175 Analyst comments: "Although we remain constructive on AMD's ability to take share from Intel in x86-based compute across PCs and traditional servers, we are increasingly concerned that the rise of… — Wall St Engine (@wallstengine) January 10, 2025 To wit, Goldman Sachs analyst Toshiya Hari has just penned a fresh note […]