AMD Stock Popped Today: Is It a Buy?
Shares of Advanced Micro Devices (NASDAQ: AMD) were flying higher today, sparking a broad recovery in the chip sector as AMD reported soaring demand in its data center and client, or PC-based, segments.
While overall revenue growth was dragged down by weaker performance, investors focused on the strength in the data center segment, which reflects the growing demand for GPUs and related components to run new AI models.
Image source: Getty Images.
Source Fool.com
Advanced Micro Devices Inc. Stock
€147.20
-1.490%
With 86 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 179 € shows a positive potential of 21.6% compared to the current price of 147.2 € for Advanced Micro Devices Inc..
