From Nasdaq:

Chipmakers like Advanced Micro Devices (AMD) have seen a surge in demand due to the growing interest in artificial intelligence (AI). AMD’s stock has climbed 128% in the last year and is ramping up its AI business forecast for 2024. However, the high valuation of AMD stock may be a reason to look for other options or wait for a better entry point. Despite the high valuation, AMD’s potential in the AI market and its diverse business model make it a stock worth considering.



Read more: 2 Reasons to Buy AMD, and 1 Reason to Sell