Is It Too Late to Buy AMD Stock?
Artificial intelligence (AI) technology took off in a big way last year. This generated explosive demand for the high-performance semiconductor chips produced by Advanced Micro Devices (NASDAQ: AMD).
As a result, AMD shares more than doubled from a 52-week low of $81.02 reached last May to a high of $227.30 in March. Since then, AMD's stock price has dipped along with the broader stock market.
Does this share price decline create a buy opportunity despite AMD's amazing stock climb? To answer that question, a closer examination of AMD is necessary.
Source Fool.com
Advanced Micro Devices Inc. Stock
€128.94
0.830%
The stock is one of the favorites of our community with 81 Buy predictions and 2 Sell predictions.
With a target price of 176 € there is a positive potential of 36.5% for Advanced Micro Devices Inc. compared to the current price of 128.94 €.
