Advanced Micro Devices Stock: Bear vs. Bull
Artificial intelligence (AI) technology has taken the semiconductor world by storm, but the problem for Advanced Micro Devices (NASDAQ: AMD) is that rival Nvidia has run away with the opportunity so far. Nvidia stock has soared 214% this year, leaving AMD in the dust.
Can AMD mount a comeback? Its stock is already up 64% year to date, as Team Red prepares to launch new chips that could give Team Green a run for its money. Let's consider the bear and bull case for the stock.
AMD has had no trouble delivering high growth in recent years, but one reason for investors to take a pass is that top competitor Nvidia seems to always be a step ahead of AMD.
Source Fool.com
Advanced Micro Devices Inc. Stock
€155.70
5.700%
The stock is one of the favorites of our community with 87 Buy predictions and 2 Sell predictions.
With a target price of 179 € there is a slightly positive potential of 14.96% for Advanced Micro Devices Inc. compared to the current price of 155.7 €.
