DreamBig572
10-29

$Advanced Micro Devices(AMD)$ You want to buy against the market. For example, far back in time when the market saw AMD as a burning dumpster fire, I could see a massive restructuring underway, doing all of the right things that had to be done to put out the fire, and get things back on track.

Today, AMD beat back $Intel(INTC)$ to a point of an embarrassment, but it's still seen as a company incapable of putting two lines of code together without several bugs in it, and fumbling to spell the two letter word "AI". Now is the time to ride the AI tidalwave, which AMD has barely started to ride. After the market figures out what's going on, it'll be too late, the price will again, be remain 30x "overvalued" at new ATH, with future expectations built in.

This biggest risk factor for AMD, is if the AI hype train runs out of steam, expectations are unrealistic, and the tech will only be so useful. OTOH, AI is currently only about LLMs, but I think that's just a small part of the potential, there's likely to be a second wave of new applications beyond another boring LLM. The question is, how long can you hold to realize the full upside, should the current hype bubble deflate?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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