Shares of computer processor maker AMD (NASDAQ:AMD) fell 5.9% in the morning session after Goldman Sachs analyst Toshiya Hari downgraded the stock from Buy to Neutral and lowered the price target from $175 to $129. The downgrade was driven by what the analyst considers a more modest demand outlook for AMD's PCs, servers, and data center graphics processing unit (GPUs) amid growing competition.
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