AMD Stock Popped Today: Is It a Buy?
Shares of Advanced Micro Devices (NASDAQ: AMD) were flying higher today, sparking a broad recovery in the chip sector as AMD reported soaring demand in its data center and client, or PC-based, segments.
While overall revenue growth was dragged down by weaker performance, investors focused on the strength in the data center segment, which reflects the growing demand for GPUs and related components to run new AI models.
Image source: Getty Images.
Source Fool.com
Advanced Micro Devices Inc. Aktie
418,00 €
-1,66 %
Klares Buy-Übergewicht bei der Advanced Micro Devices Inc. Aktie mit 105 zu 4 Einschätzungen.
Das Kursziel von 523 € für Advanced Micro Devices Inc. impliziert eine deutliche Steigerung um über 20% gegenüber 418.0 €.
