Is AMD Stock a Buy Now?
The arrival of artificial intelligence (AI) into the mainstream has supercharged shares of semiconductor giant Advanced Micro Devices (NASDAQ: AMD). Last December, the stock was at a 52-week low of $116.37, but in 2024, it topped $227.30.
Since reaching that record high in March, AMD's share price has pulled back, and the stock was down about 6% in 2024 through Nov. 18.
Given that price decline, does this mean the fervor over AI is done? Or is the stock's drop a signal that now is the time to buy? Let's examine the company in detail to help you decide.
Source Fool.com
Advanced Micro Devices Inc. Stock
€184.02
0.450%
With 113 Buy predictions and 3 Sell predictions Advanced Micro Devices Inc. is one of the favorites of our community.
As a result the target price of 229 € shows a positive potential of 24.44% compared to the current price of 184.02 € for Advanced Micro Devices Inc..
