Is Advanced Micro Devices (AMD) a Buy?
Chipmaker Advanced Micro Devices (NASDAQ: AMD) doesn't have the market share or Wall Street buzz that archrival Nvidia does in the artificial intelligence (AI) race. But rest assured, second place isn't necessarily a bad place to be.
The company has an ocean of opportunity ahead of it, with a rapidly growing AI market that will give AMD every opportunity to grab a piece. Also, market volatility has returned, and shares are down nearly 20% over the past month.
I'll explain why this is a stellar buying opportunity for long-term investors.
Source Fool.com
Advanced Micro Devices Inc. Stock
€139.84
2.540%
With 80 Buy predictions and not a single Sell prediction Advanced Micro Devices Inc. is an absolute favorite of our community.
As a result the target price of 175 € shows a positive potential of 25.14% compared to the current price of 139.84 € for Advanced Micro Devices Inc..
