AMD Stock: Bear vs. Bull
Like many tech stocks in 2023, Advanced Micro Devices (NASDAQ: AMD) shares have been rising since Jan. 1. The semiconductor company's stock was up about 21% since the start of the year after better-than-expected quarterly results and AMD's potential in the future of artificial intelligence.
The last 12 months have been a roller-coaster ride for AMD investors as market declines led tech stocks to fall out of favor in 2022, dragging the company's shares down 55% throughout the year. However, AMD proved its resilience by pivoting to more lucrative parts of its business.
As a result, there are bears and bulls when it comes to investing in AMD's stock. So, let's examine both arguments and decide whether the company is worth an investment this year.
Source Fool.com
