Advanced Micro Devices (AMD -2.77%) has been one of the worst stocks to own over the past year. While investors were excited about AMD potentially taking market share from rival Nvidia in the all-important data center market, that hasn't manifested.
AMD's stock decline to $99 from $211 seems excessive; Wall Street analysts remain bullish, while Seeking Alpha analysts offer more moderate optimism. AMD's diversified business includes Data Center, Client, Gaming, and Embedded segments, with Data Center showing the most promise despite lagging behind Nvidia. Financially strong, AMD expects high double-digit growth in revenue and EPS, driven by their new MI350X architecture.
In the closing of the recent trading day, Advanced Micro Devices (AMD) stood at $101.67, denoting a +0.91% change from the preceding trading day.
In this video, I will go over the recent updates regarding AMD (AMD -1.64%). Watch the short video to learn more, consider subscribing, and click the special offer link below.
Advanced Micro Devices NASDAQ: AMD stock slide may not be over, but it is nearing its end and setting up the market for a solid rebound that could quickly add 30% to the stock price. Technically speaking, AMD's market is profoundly oversold and overextended, with stochastic oscillators in the low-end range on the daily, weekly, and monthly charts.
For the most part, chip stocks have fared well over the last couple of years. The main tailwind fueling semiconductor stocks to new highs is, of course, rising interest in artificial intelligence (AI).
The graphics card market is dominated by Nvidia (NVDA -2.64%). The gaming and AI powerhouse has a 90% unit market share, according to Jon Peddie Research, with Advanced Micro Devices (AMD -2.17%) in a distant second place.
Advanced Micro (AMD) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The technology-heavy Nasdaq Composite (^IXIC -2.64%) has tumbled 3% year to date, and that slight decline has created some no-brainer buying opportunities. The market reacted too pessimistically to the latest reports from Advanced Micro Devices (AMD -1.63%) and The Trade Desk (TTD -4.48%).
Advanced Micro Devices, Inc. (NASDAQ:AMD ) Morgan Stanley Global TMT Conference March 3, 2025 4:05 PM ET Company Participants Matt Ramsey - IR Jean Hu - EVP, CFO and Treasurer Conference Call Participants Joseph Moore - Morgan Stanley Joseph Moore Welcome back, everybody. I'm Joe Moore, Morgan Stanley Semiconductor Research.
Advanced Micro Devices is poised for substantial growth in 2025, driven by scaling AI accelerator deliveries and data center segment strength. Despite recent stock price lows, AMD's operating profit is expected to upscale significantly, making it a strong buy opportunity at current valuations. AMD's data center business, particularly with EPYC and Instinct GPU shipments, is outperforming Nvidia and is undervalued by the market.
The past five years have been fruitful for Advanced Micro Devices (AMD 0.35%) investors, as an investment of $1,000 made in the stock half a decade ago is now worth almost $2,200 as of this writing.