Advanced Micro Devices (AMD) stock has been cut in half over the past year. Phenomenal growth in its AI segment was offset by its sluggish non-AI business. The pessimism might be overdone, especially because AMD is catching up to Nvidia.

Analysts fell to the sidelines weighing in on Advanced Micro Devices (AMD – Research Report) and Amplitude (AMPL – Research Report) with

In the latest trading session, Advanced Micro Devices (AMD) closed at $96.76, marking a +0.13% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.76%. Meanwhile, the Dow lost 1.