AMD's New AI Chip Could Send its Stock Soaring. Here's Why.
Advanced Micro Devices (NASDAQ: AMD) is on fire. The stock, which is up 77% year to date, ranks among the top 10 of the S 500 in terms of 2023 returns.
Even so, investors shouldn't think it's too late to buy this juggernaut. Let's dig into its recent quarterly report to see why.
On Tuesday afternoon, AMD reported second-quarter financial results for the three months ending on April 01, 2023. Highlights included:
Source Fool.com
Advanced Micro Devices Inc. Stock
€135.68
-0.760%
With 90 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 176 € shows a positive potential of 29.72% compared to the current price of 135.68 € for Advanced Micro Devices Inc..
