AMD: Gaining Momentum In The Slipstream


  • Advanced Micro Devices delivered weak overall performance in the first quarter earnings results, with lackluster forward guidance.
  • The elevated valuation of AMD is sharpening the question regarding its growth prospects.
  • I believe that the company has solid fundamentals to gain potential in the AI accelerator and APU-related markets.
  • In my view, AMD stock should be surrounded by bullish sentiment, with the potential to deliver up to a 50% gain as enterprises begin commercializing the AI technology potential.

AMD headquarters in Santa Clara, California, USA


Advanced Micro Devices, Inc. (NASDAQ:AMD) struggled to put some nice growth numbers in the recent Q1 financial results, which, along with the unimpressive guidance, leaves investors without much confidence to Buy the stock now. Moreover, with the current balance of power, where Nvidia and

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