$Advanced Micro Devices(AMD)$

AMD will never be able to catch up with Nvidia and that is a fact because the amount of respurces Nvidia has in R&D for GPU cannot be matched. However, if the AI cannot be proven soon with any results, Nvidia would be one of the heavy casualties. AMD would be hit as well but they are in a position where they are more diversified in other areas.

AMD Guidance Misses: Will it Hit $130 This Time?

AMD's Q3 revenue grew by 18% year-over-year to $6.82 billion, surpassing market expectations of $6.71 billion. Adjusted earnings per share came in at $0.92, in line with market expectations. However, the Q4 guidance fell short of expectations, dampening the enthusiasm surrounding AI chip demand. -------------------- What's your target price? Would you bottom AMD at $150 or lower prices? Will AMD drop to $130?

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