vm We previously covered Advanced Micro Devices, Inc. (NASDAQ:NASDAQ:AMD) in May 2024, discussing its underperformance in both stock and financial performance, as Nvidia (NVDA) took the lead in the generative AI race and Intel (INTC) in the x86 CPU race. With the gaming segment still reporting elevated inventory channels and slower IoT/ automotive recovery in the embedded segment, we had been uncertain about its intermediate term prospects, resulting in our reiterated Hold rating. Since then, AMD has fal ...