Chipmakers like Advanced Micro Devices (NASDAQ: AMD) have garnered much attention in recent years. Chip shortages and macroeconomic headwinds since 2020 dragged down countless stocks. Meanwhile, recent advances in markets like artificial intelligence (AI) and cloud computing have made investors bullish again. 

Despite market fluctuations, AMD has remained a solid growth stock with its shares up 870% in the last five years. The company's diversified business offers the opportunity to back multiple high-growth markets, making it a compelling stock investment.

However, as with most things, there are pros and cons when it comes to this semiconductor company. Here's the bull vs. bear argument for AMD stock. 

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Source Fool.com