From Financial Modeling Prep: 2024-11-28 13:06:48

Marjorie Taylor Greene recently invested in Advanced Micro Devices Inc (NASDAQ:AMD), a leading semiconductor company. The Biden administration plans to restrict semiconductor exports to China, affecting AMD and its competitors. Despite Nvidia’s impressive stock growth, AMD presents a more appealing investment opportunity at 28 times forward earnings, poised to benefit from AI advancements.
AMD’s stock is currently facing a bearish trend, trading below key moving averages. While there is potential for a short-term rebound, indicators like the RSI remain neutral. As of now, AMD’s stock price is $136.24, showing a slight decrease.



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