Reported about 1 year ago
Chip company Advanced Micro Devices (AMD) has been performing well with a 40% return over the past year, but faces tough competition from Nvidia in the AI sector. While AMD's Data Center segment shows strong growth, its Gaming and Embedded segments have seen declines. Analysts expect AMD's revenue to increase by 10% in 2024 and 27% by 2025, driven by the growth of its Data Center and Client segments in the AI market. With a high valuation and potential future growth in AI, investors need to weigh the risks and potential rewards of investing in AMD.
Source: YAHOO