Chip company Advanced Micro Devices (NASDAQ: AMD) has been relegated to second fiddle to Nvidia (NASDAQ: NVDA) in the artificial intelligence (AI) craze. The stock's 40% returns over the past year aren't anything to sneeze at, but they pale in comparison to Nvidia's triple-digit performance.

Whether the stock has further upside depends on how much AI can impact AMD's business over the coming years.

Big things are happening at AMD, and this long-term investor is going deep into the company's finances to determine if it's good enough to justify buying the stock now.

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Source Fool.com