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Where Will AMD Stock Be in 5 Years?

TheMotleyFool 
0 0 19.12.23
Where Will AMD Stock Be in 5 Years?: https://g.foolcdn.com/editorial/images/758593/artificial-intelligence-investing-algorithms.jpg
 

With its shares more than doubling in 2023, Advanced Micro Devices (NASDAQ: AMD) has been a rewarding near-term investment. While the company's operational results are yet to match its impressive stock price performance, that could soon change.

Let's discuss what the next five years could have in store for this legendary tech company as it pivots to new growth opportunities in artificial intelligence (AI).

Since its founding in 1969, Advanced Micro Devices has specialized in creating computer hardware such as memory chips and central processing units (CPUs). After the 2006 acquisition of ATI Technologies, the company became a direct rival of Nvidia in the market for graphics processing units (GPUs), a type of technology with uses ranging from video game rendering to training advanced generative AI models.

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Source Fool.com

Advanced Proteome Therapeutics Stock

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