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Should You Buy the Dip in AMD Stock?

TheMotleyFool

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Advanced Micro Devices (NASDAQ: AMD) is doing great. The perennial runner-up in the PC and server chip markets behind Intel (NASDAQ: INTC) has been winning market share over the past few years thanks to exceptional products. AMD's Ryzen PC chips have now caught up with Intel on all performance measures, and its EPYC server chips have finally provided data center customers with a viable alternative to Intel's pricy Xeon products.

On top of winning share in its core markets, AMD provides chips for the latest PlayStation and Xbox game consoles. Strong demand for those consoles has further boosted AMD's results.

Image source: AMD.

Source Fool.com

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