Despite computer processor developer AMD (AMD) taking meaningful market share away from rivals in Intel (INTC), its stock has been unable to steer clear of industry headwinds. Undoubtedly, there’s no way for AMD CEO Lisa Su to control macro issues. The PC market has slowed down, and macro headwinds could weigh down the stock further. Recession or not, though, AMD is well-positioned to continue taking share and building upon its lead, making AMD stock an intriguing pick-up amid the tech slump.In simple terms, AMD is firing on all cylinders, doing many things right amid unprecedented headwinds. The company’s latest quarterly results were solid. Still, the company erred on the side of caution, with a more downbeat tone for its coming third quarter. Regardless, AMD is sticking with its origina
AMD Earnings: Buy, Hold, or Sell?
AMD reported earnings for the quarter ended in June that beat estimates, but the chipmaker gave a forecast for the current quarter that came in under Wall Street expectations. What are your thoughts on AMD earnings? Will you buy, hold, or sell?