Is Advanced Micro Devices (AMD) Stock a Buy Now?
Semiconductor company Advanced Micro Devices (NASDAQ: AMD) recently reported second-quarter earnings. While archrival Nvidia posted triple-digit revenue growth on AI tailwinds in recent quarters, some laggards in AMD's business have muffled its top-line performance.
However, there are signs that AMD is becoming increasingly competitive in AI, which could accelerate the company's total growth.
With shares down over 30% from their high, this could be an excellent opportunity to buy a stock with multiple growth opportunities ahead.
Source Fool.com
Advanced Micro Devices Inc. Stock
€100.58
-1.720%
With 87 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 155 € shows a very positive potential of 54.11% compared to the current price of 100.58 € for Advanced Micro Devices Inc..
