From Nasdaq: 2024-09-19 08:53:00

Advanced Micro Devices (NASDAQ: AMD) has seen a dramatic turnaround since Lisa Su became CEO in 2014. A $10,000 investment in AMD stock 10 years ago would now be worth over $395,000. Despite early risks and setbacks, AMD has become a top semiconductor company, with plans to expand into the AI accelerator market.

Investors took notice of AMD’s success, despite lagging behind Nvidia in some areas. The stock has consistently recovered from periodic pullbacks, making it a popular choice for investors. With a 38% compound annual growth rate forecasted for the AI chip market through 2032, AMD’s gains are expected to continue.

While Advanced Micro Devices continues to make strides in the semiconductor market, it was not included in the Motley Fool’s list of 10 best stocks to buy now. However, the Stock Advisor service has a strong track record of success, with Nvidia previously making the list back in 2005 and delivering impressive returns for investors who followed their recommendations.



Read more at Nasdaq: If You’d Invested $10,000 in AMD Stock 10 Years Ago, Here’s How Much You’d Have Today