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AMD Stock: Can Advanced Micro Devices Really Soar 40% From Here?

InvestorPlace2023-05-22

Bank of America has changed its stance on Advanced Micro Devices .One analyst predicts that AMD could rise by 40% to $150 in the coming year.AMD shares have plenty of room to run as markets recover in...

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  • orsiri
    ·2023-05-22
    Advanced Micro Devices (AMD) stock is a sound bet for 2023. AMD is benefiting from strong demand for semiconductors, which is being driven by the growth of artificial intelligence (AI). AMD is gaining market share from its rival Intel, and this trend is likely to continue. Additionally, AMD has a strong balance sheet and is well-positioned to invest in new technologies. Overall, AMD stock appears a good investment for investors who are looking for exposure to the growth of the semiconductor industry and the rise of AI.
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    • Alfano
      K
      2023-05-22
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    • YJ13
      good
      2023-05-22
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    • MSJYJ
      good
      2023-05-22
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  • tonylim
    ·2023-05-22
    I am in
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  • Asphen
    ·2023-05-22
    I  seriously doubt so.
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