Will Advanced Micro Devices Reach a Trillion-Dollar Market Cap by 2030?
Given the nature of its business and the sheer size of several of its peers, it's not wild to wonder if Advanced Micro Devices (NASDAQ: AMD) will be one of the next technology names to become a trillion-dollar outfit. Some investors might even bet that AMD will reach a trillion-dollar market capitalization as soon as 2030. Never say never.
If that's what you're anticipating, though, you might want to tamp down your expectations just a bit. Although direct rival Nvidia (NASDAQ: NVDA) reached the $1 trillion mark relatively recently, thanks to a leading role in the explosive artificial intelligence (AI) market, Advanced Micro Devices isn't likely to repeat the quick-jumping feat.
Still, that doesn't necessarily mean the stock's not worth owning.
Source Fool.com
Advanced Micro Devices Inc. Aktie
Starkes Kaufinteresse bei Advanced Micro Devices Inc., mit einer großen Anzahl an Buy- und wenigen Sell-Einschätzungen.
Ein positives Kurspotenzial für Advanced Micro Devices Inc. ist gegeben, mit einem Kursziel von 178 € über dem aktuellen Kurs von 156.36 €.