How AI Will Transform Advanced Micro Devices' Business Over the Next 10 Years
Artificial intelligence (AI) is more advanced than ever and could have a tremendous impact on the world over the next decade. But AI doesn't seep out of the ground like oil. Instead, it requires enormous computing power because of how much data it must process quickly.
Advanced Micro Devices (NASDAQ: AMD) should have many opportunities as a leading semiconductor company. Semiconductors are essentially the building blocks of computing systems and will play an important role in building out AI.
The growing demand for AI chips could fuel exciting growth for AMD over the coming decade. Here is what investors can expect.
Source Fool.com
Advanced Micro Devices Inc. Stock
€151.64
-1.490%
The stock is one of the favorites of our community with 79 Buy predictions and 1 Sell predictions.
With a target price of 178 € there is a slightly positive potential of 17.38% for Advanced Micro Devices Inc. compared to the current price of 151.64 €.
