Reported about 23 hours ago
Advanced Micro Devices (AMD) stock has fallen 49% since its peak in March 2024, contrasting with Nvidia's 40% increase over the same period. Despite presenting strong AI-focused products and excellent revenue growth in data center and client segments, AMD faces challenges in gaming and embedded markets. Following a recent dip in stock price, analysts suggest that the current valuation may present a buying opportunity, but caution investors to adopt a long-term strategy to see favorable returns as the AI revolution expands.
Source: YAHOO