$Advanced Micro Devices(AMD)$ I recently increased my position in AMD stock, driven by strong signals from the semiconductor sector. Rosenblatt Securities highlighted that Micron Technology’s upbeat earnings outlook aligns closely with AMD’s ambitions in the server CPU space. Micron’s optimism points to a revitalized AI market and improving chip supply conditions, with DRAM—crucial for AI systems—likely to remain in tight supply. This combination of rising AI demand and constrained DRAM availability positions AMD to benefit from increased server CPU adoption, reinforcing my confidence in its growth potential in the evolving AI-driven landscape.
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