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Did AMD Just Give Investors Reasons to Buy Nvidia?


In this video, I go over Advanced Micro Devices's (NASDAQ: AMD) second-quarter earnings report, which was good enough for the stock to jump 7%. But given the current valuation, does it still make sense to pick AMD over Nvidia?

*Stock prices used were from the trading day of July 30, 2024. The video was published on July 30, 2024.

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Source Fool.com

Advanced Micro Devices Inc. Stock

€122.88
-7.920%
Heavy losses for Advanced Micro Devices Inc. today as the stock fell by -€10.560 (-7.920%).
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 42.42% compared to the current price of 122.88 € for Advanced Micro Devices Inc..
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