Is AMD Stock a Buy?
Advanced Micro Devices (NASDAQ: AMD) has rallied investors this year, with its shares up around 70% since Jan. 1. Wall Street has grown bullish about the company's growth prospects in artificial intelligence (AI) and the overall trajectory of its business.
As a leading chipmaker, AMD has the potential to profit from multiple tech sectors in the coming years. The company's hardware currently powers a wide variety of devices and platforms, from cloud services to AI models, game consoles, laptops, and more.
Moreover, despite the recent rally, the company's shares were down 31% from the all-time high reached in November 2021, suggesting plenty of room for growth. Here's why AMD stock is an attractive buy in 2023.
Source Fool.com
Advanced Micro Devices Inc. Aktie
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.