$Advanced Micro Devices(AMD)$ In the bigger picture, regardless of what happens to AI, the path AMD is on will allow them to be a much larger company than today.
Most of $Intel(INTC)$ 's market share is up for grabs and will contribute to AMD's revenue soon enough. INTC's woeful slow motion implosion is underway and benefits AMD's ascension. AMD also has more irons in the fire. XLNX brings embedded which is a large untapped market for AMD. Consoles and embedded are near full ebb now but will soon begin new cycles. There's lots of upside coming.
In the short term the market reflects fear and greed. Over the longer term the market reflects fundamentals. AMD is down from all-time highs but fundamentals remain intact. So now is a relatively good time to begin a position. AMD will have much higher revenue in 5 years whether AI booms or busts.
Cheers and good luck. Long AMD.
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