3 Reasons AMD Is a Buy After Q2 2021 Earnings
Advanced Micro Devices (NASDAQ: AMD) transformation from also-ran chip company to dominant designer of next-gen computing hardware is complete. With an extensive suite of high-end products addressing all major needs from consumer to cloud, AMD is growing at a fast clip, generating a healthy profit margin, and further investing in itself so it can continue gobbling up market share in the industry.
Second-quarter 2021 earnings were proof of this. With a big upgrade in its full-year outlook and the global chip shortage expected to last into 2022, here are three reasons AMD's stock is still a buy.
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Source Fool.com