Advanced Micro Devices (NASDAQ:AMD) shares have been on a rollercoaster over the past year. At the start of 2024, the chip giant was widely

Shutterstock The firm concluded that the DeepSeek selloff is a buying opportunity, and maintained Nvidia as a "Top Pick" with an overweight rating and $152 price target on the shares. While Morgan acknowledged that DeepSeek creates some headwinds around export controls and longer-term investment and that sentiment on Nvidia has worsened around potential longer-term risks,

Key Takeaways Advanced Micro Devices is set to report fourth-quarter earnings after the closing bell Tuesday.Its stock has taken a hit, losing over a third of its value in the past 12 months amid concerns about the company's outlook and ability to compete with Nvidia's offerings.