3 Things About AMD That Smart Investors Know
Recent advances in artificial intelligence (AI) and cloud computing bolstered semiconductor manufacturers' stocks this year. Chipmakers like Advanced Micro Devices (NASDAQ: AMD) have rallied investors, with its stock up 75% since Jan. 1. And its crucial role in multiple high-growth sectors suggests its shares still have plenty of room to rise over the long term.
For instance, according to data from Grand View Research, the AI market is projected to develop at a compound annual growth rate of 37% through 2030. With it still relatively early for AMD's expansion into AI, now is an excellent time to learn more about this leading chip company and potentially to invest.
Here are three things about AMD that smart investors know.
Source Fool.com
Advanced Micro Devices Inc. Stock
€125.08
0.790%
With 88 Buy predictions and 2 Sell predictions Advanced Micro Devices Inc. is one of the favorites of our community.
As a result the target price of 175 € shows a positive potential of 39.91% compared to the current price of 125.08 € for Advanced Micro Devices Inc..
