Advanced Micro Devices (AMD) has experienced significant fluctuations in its stock value recently, with a 50% dip from its all-time high. Despite this, analysts still see a great potential upside. A significant development in AMD's pursuit is their ongoing discussions regarding the sale of their server plant, reported to bring in up to $4 billion.
Ken Fisher has even remarked AMD as one of the best long-term stocks to buy. Notably, an insider bought AMD stock for the first time in 12 years. This, alongside AMD's Q4 earnings and revenues surpassing estimates, outlines a compelling investment case. However, there's been a downside in its data center sales, sparking discussions on whether AMD or
Nvidia is a better
AI stock. Overall, AMD continues to establish itself as a significant player in the semi-conductor stocks, with plans to expand its AI cloud services. Despite the temporary setbacks, AMD remains promising in AI, Gaming chip innovations, and eSports.
Advanced Micro Devices AMD News Analytics from Tue, 24 Dec 2024 08:00:00 GMT to Sat, 22 Feb 2025 13:50:00 GMT -
Rating 5
- Innovation 8
- Rumor -3
