Is Advanced Micro Devices (AMD) a Buy?
Chipmaker Advanced Micro Devices (NASDAQ: AMD) doesn't have the market share or Wall Street buzz that archrival Nvidia does in the artificial intelligence (AI) race. But rest assured, second place isn't necessarily a bad place to be.
The company has an ocean of opportunity ahead of it, with a rapidly growing AI market that will give AMD every opportunity to grab a piece. Also, market volatility has returned, and shares are down nearly 20% over the past month.
I'll explain why this is a stellar buying opportunity for long-term investors.
Source Fool.com
Advanced Micro Devices Inc. Stock
€129.12
0.080%
With 82 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 35.53% compared to the current price of 129.12 € for Advanced Micro Devices Inc..
