Reported 2 days ago
Advanced Micro Devices (AMD) has struggled over the past year, falling over 50% while competitors like Nvidia thrived. Despite a rise in data center revenue, AMD has not gained market share against Nvidia. Though AMD's valuation appears attractive, especially considering projected revenue growth, the stock's decline raises questions about its recovery potential. Investors must weigh these factors before deciding to buy AMD stock on the dip.
Source: YAHOO