Several top chip stocks have surged to new highs recently, but Advanced Micro Devices (NASDAQ: AMD) has trailed the pack.

CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Get Free Report) traded down 4.9% during trading on Wednesday after Royal Bank of Canada lowered their price target on the stock from $370.00 to $365.00.

These are among the biggest news in devices and security coming out of Microsoft’s Ignite 2024 event. Ignite was last week, ...