AMD shares to plunge more than 20% because they are ‘priced for perfection,’ Goldman says

Investors should avoid Advanced Micro Devices shares because the company will suffer from competition from Nvidia and Intel this year, according to Goldman Sachs, which initiated coverage on the chipmaker with a sell rating.AMD shares are up 25 percent this year and...

AMD shares to plunge more than 20% because they are ‘priced for perfection,’ Goldman says

Investors should avoid Advanced Micro Devices shares because the company will suffer from competition from Nvidia and Intel this year, according to Goldman Sachs, which initiated coverage on the chipmaker with a sell rating.AMD shares are up 25 percent this year and...