Reported 1 day ago
AMD's stock has seen a remarkable rise due to the surge in artificial intelligence demand, with a recent significant increase in data center revenue of 122% year-over-year. Despite a slight dip in stock value, the company's strong growth trajectory in AI markets under CEO Lisa Su suggests potential for long-term investment. With the price-to-earnings ratio now more reasonable compared to competitors, this could be an opportune moment for investors to consider purchasing AMD shares.
Source: YAHOO