Shares of AMD have not experienced the same type of gains as those of rival Nvidia, but that could change over the next few years.
When it comes to semiconductor stocks, odds are that companies such as Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) are the first that come to mind. Over much of the last two years,
Shares of Advanced Micro Devices ( AMD -1.05%) fell 18.1% in 2024, according to data from S&P Global Market Intelligence. It may seem odd that AMD fell so much in 2024 given the outperformance of some of its AI-oriented semiconductor peers. Moreover, AMD met or beat revenue and earnings expectations on every one of its earnings releases last year.
White Falcon Capital Management, an investment fund manager, released its fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here. It was a good year for the fund on an absolute basis.
Advanced Micro Devices' stock price fell to new 52-week lows. Click here to find out the factors that present a strong buying opportunity for AMD stock.
Detailed price information for Adv Micro Devices (AMD-Q) from The Globe and Mail including charting and trades.
We recently compiled a list of the 10 Undervalued Chip Stocks Near 52-Week Lows. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other undervalued chip stocks.
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Detailed price information for Adv Micro Devices (AMD-Q) from The Globe and Mail including charting and trades.
More money spent to build data centers will almost certainly lead to more revenue for TSMC, as its top customers include major players in AI and tech like Nvidia, Broadcom, Arm, and AMD, so it's understandable that Taiwan Semi is riding the rising tide higher.
The technical outlook is favorable for traders. AMD stock is trading at a discount to its 50-day moving average and is close to its 52-week low. Plus, the Relative Strength Indicator (RSI) is around 40, which puts the stock near the oversold range.
Advanced Micro Devices will release its financial results ... CEO Jensen Huang of Nvidia, which controls close to 70% of the AI GPU market at present. The consensus rating from over 40 Wall ...