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3 Reasons to Sell AMD in 2022

TheMotleyFool

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3 Reasons to Sell AMD in 2022Photo, wide shot, wide-angle lens, Artificial intelligence developer, sunset photo at golden hour, photo by Art Wolfe: https://img.theapi.app/temp/12e2798a-1095-4653-8f49-2a7aee633b4e.png

Advanced Micro Devices (NASDAQ: AMD) stock has crushed the broader market in the past three years due to rapid growth in the company's revenue and earnings. AMD's performance has been fueled by market share gains against bigger rivals such as Intel (NASDAQ: INTC) and its presence in popular products like Sony's (NYSE: SONY) PlayStation and Microsoft's (NASDAQ: MSFT) Xbox consoles.

It won't be surprising to see AMD sustain its impressive momentum in 2022 and remain a top growth stock thanks to the catalysts it is sitting on.