$Advanced Micro Devices(AMD)$

$Advanced Micro Devices(AMD)$ This is now a good buy. AMD has fingers in several pies and is not a one trick pony. It may not have the spectacular returns of Nvidia but it is in a good position to leverage off the AI boom. Long term it is the clients like Google, Meta, Tesla etc that have to show a return on thier AI investment for the AI boom to bed in and become mainstream. Ultimately what do large sectors of the population spend thier money on. Food, fuel, travel, phones, computers, TVs, cars, cloths, housing, entertainment. What items listed here does AMD tick, computers & entertainment so at least it is attached to some big ticket consumer spending going forward.

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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