What Second Place Means For AMD

Summary:

  • Advanced Micro Devices, Inc. saw slight growth in Q1 revenues, mainly in its Data Center segment.
  • Their advantage is in lower-cost servers that AMD chips provide over Nvidia products, as well as on the CPU side.
  • The company has lessened its buybacks as share price increased, yet stock-based compensation increases.
  • Long-term returns will depend on returns provided by their growing segments, cyclical segments, and the impact of stock-based compensation and buybacks.

Second place runner-up silver medal on a ribbon

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It’s been about a year since the craze of generative AI took off, triggering a spike in the share price of semiconductor companies, whose GPUs naturally feed into that market. The most prominent of the two have been Advanced


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