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AMD Stock: Why It Tumbled and Where It’s Headed

Humpty Dumpty sat on a wall. Humpty Dumpty had a great fall — and crashing right down beside him was semiconductor giant Advanced Micro Devices (AMD), which lost 8% of its market capitalization — about $16 billion — after investment bank Barclays downgraded its stock to Equalweight (i.e. Hold) on Thursday. Despite admitting that AMD will, in all likelihood, exceed expectations for 31% sales growth this year, and gain market share “in both the client and server markets” besides, Barclays’ 5-st

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