Analysts Weigh In: AMD Faces Downgrades Amid Competitive Challenges
TL;DR Summary
Jim Cramer described an analyst's downgrade of AMD as 'cogent,' acknowledging the validity of the concerns raised. However, he remains optimistic about the stock's potential and is not ready to abandon his investment in AMD. Cramer continues to monitor the situation closely, considering broader market dynamics and other factors influencing the tech sector.
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