The potential for artificial intelligence (AI) to improve the fortunes of leading businesses has been a huge catalyst for the stock market over the last few years. IDC anticipates spending on AI, including infrastructure and business services, to reach $632 billion by 2028.
Tech stocks have hit a rough patch, dragging the broader market lower after leading the rally in 2023 and 2024.
Advanced Micro Devices, Inc. has entered oversold territories, thanks to the bursting AI bubble and the uncertain recessionary risks, with it now halved from 2024 peaks. AMD's AI accelerator prospects are undeniably mixed, albeit well-balanced by the robust EPYC adoption in the cloud sector and growing x86 market share. Combined with the still rich Free Cash Flow generation and the healthy balance sheet, we believe that it remains well positioned to weather the trough H1 '25 period.
One of the biggest mistakes investors make when trading their portfolios and putting capital to work is staying away from discounts. It is human nature to avoid a stock chart that has been down and to the right as fears of a continuation in the same direction start to kick in.
Advanced Micro Devices (NASDAQ: AMD) stock's performance in 2024 has been a major surprise. The equity entered the year strong, rallying approximately 40% between January and March, but then entered a downtrend it hasn't escaped to date.
Investors in Advanced Micro Devices NASDAQ: AMD have faced a year full of letdowns. As of the Mar. 12 close, shares are down 49% over the past 52 weeks.
The recent pullback in the stock market may have some investors on edge. The stocks selling off the most over the last couple of weeks are the same ones that led the stock market higher over the previous two years: artificial intelligence stocks.
In today's video, I discuss Nvidia (NVDA 6.43%), Advanced Micro Devices (AMD 4.17%), and why investors should be cheering after Oracle 's (ORCL 4.65%) earnings. To learn more, check out the short video, consider subscribing, and click the special offer link below.
The tech sector is rebounding today, pushing the Nasdaq Composite Index (IXIC) up triple digits, as investors buy the dip following an extended broad-market selloff.
In this video, I will cover the recent updates regarding AMD (AMD 1.80%) and why selling now could be a huge mistake. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Fresh off a series of investor meetings with Advanced Micro Devices Inc's AMD CEO Lisa Su, JPMorgan analyst Harlan Sur says the company is increasingly confident about delivering over 20% growth in 2025.
The stock market is in the midst of a sell-off right now, with the Nasdaq Composite down more than 9% from its recent all-time high. However, the decline in Advanced Micro Devices (AMD 0.14%) stock started one year ago, and it's down 51% from its best-ever level.