Advanced Micro Devices (NASDAQ: AMD) has featured in countless headlines over the past month. After plummeting 55% in 2022, the stock has shot up 26% since the start of the new year. The swift rise is owed to encouraging fourth-quarter 2022 results, where AMD's revenue rose 15.9% year over year to $5.6 billion, beating analysts' expectations by $80 million.

While the tech company suffered in recent months as an economic downturn led to reduced demand in the PC market, AMD has proven itself as a company to keep a close eye on with its growing market share in central processing units (CPUs) and data centers. 

Here are three things the smartest investors know about AMD. 

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Source Fool.com