Forget Nvidia: AMD's Stock Is a Must-Buy After 29% Drop

Reported 2 months ago

Advanced Micro Devices (AMD) is becoming a major player in the AI chips market, particularly with its recently launched MI300 series GPUs, which are gaining traction among significant tech companies and achieving record sales. Despite a 29% drop in its stock, AMD's robust performance and growth potential in the data center segment make it an appealing investment. With predictions of major spending on AI infrastructure in the coming years, AMD is poised for substantial growth, especially as it approaches its competitive MI350 series launch.

Source: YAHOO

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