From NASDAQ: 2024-05-29 22:27:50

Advanced Micro Devices stock (AMD) has surged nearly 40% in the past year, outperforming Intel. Investors are optimistic about AMD’s AI business, with strong sales in the Data Center segment. The demand for AI chips is growing, and AMD aims to capture a larger share of the market.

Despite recent fluctuations, AMD stock has seen significant growth, driven by the generative AI trend. The HQ Portfolio, consisting of 30 stocks, has consistently outperformed the S&P 500. AMD faces competition and potential shifts in GPU demand, impacting its valuation and future performance.

AMD’s current returns show growth, with a 13% increase year-to-date in 2024. The company’s cumulative return since 2017 is impressive, but future performance will depend on market dynamics and competition. Investors should consider AMD’s valuation and revenue streams for informed decisions. The uncertain macroeconomic environment could present challenges for AMD in the near future.



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