1 Green Flag for AMD in 2023, and 1 Red Flag
Investors in Advanced Micro Devices (NASDAQ: AMD) have enjoyed healthy gains in 2023 as shares of the chipmaker have surged 70% so far.
There's a solid reason AMD might be able to sustain its impressive rally for the rest of 2023. But before we discuss that potential catalyst, you need to know about a major red flag that could wreck this high-flying semiconductor stock's momentum.
AMD's 2023 surge has been fueled by the broader optimism in the semiconductor industry, which is getting a boost thanks to the growing adoption of artificial intelligence (AI). But the company's financial performance doesn't justify the stock's surge.
Source Fool.com
Advanced Micro Devices Inc. Aktie
140,10 €
4,05 %
Hohe Buy- und niedrige Sell-Zahlen bei Advanced Micro Devices Inc. zeigen ein stark positives Sentiment.
Das Kursziel von 178 € für Advanced Micro Devices Inc. weist auf eine Steigerung von über 20% gegenüber dem aktuellen Kurs von 140.1 € hin.
