Where Will AMD Stock Be in 2025?
This has been a forgettable year for Advanced Micro Devices (NASDAQ: AMD) investors. Shares of the semiconductor specialist are down 4% so far in 2024, while the PHLX Semiconductor Sector index has recorded impressive gains of almost 20% as of this writing.
More bad news was in the offing for AMD investors when the company released third-quarter results on Oct. 29. Though it reported healthy year-over-year growth in revenue and earnings, Wall Street was unimpressed by the company's progress in the artificial intelligence (AI) chip market. A weaker-than-expected guidance didn't help matters either, as AMD stock tumbled over 10% following the release of its earnings.
However, a closer look at AMD's quarterly report indicates that the sell-off could be overdone. This could be an opportunity for savvy investors to buy the stock, as it may be able to deliver a much-improved performance in 2025. Let's look at the reasons why that may be the case.
Source Fool.com
Advanced Micro Devices Inc. Aktie
Klarer Community-Favorit: Advanced Micro Devices Inc. mit vielen Buy- und wenigen Sell-Einschätzungen.
Ein positives, wenn auch nicht starkes, Potenzial für Advanced Micro Devices Inc. mit einem Kursziel von 523 € im Vergleich zu 444.2 €.
