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Will AMD Be a Trillion-Dollar Stock by 2030?


Advanced Micro Devices (NASDAQ: AMD) was once considered a struggling underdog in the semiconductor market. But over the past eight years, AMD became a formidable chipmaker again under Lisa Su, who succeeded Rory Read as the company's CEO in Oct. 2014.

AMD stock has rallied a whopping 3,400% since Su's first day on the job. Its market cap briefly surpassed Intel's (NASDAQ: INTC) for the first time this February, and it's currently worth $187 billion -- putting it within striking distance of Intel's market cap of $197 billion.

Image source: AMD.

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Source Fool.com

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