AMD: The Leader in AI& Semiconductor!
After reviewing AMD's advantages in new AI HW & SW, and the high revenue growth in the past few years.
With an avg CAGR of around 30% annual AI growth rate until 2030, even drop China sale completely, both $NVIDIA Corp(NVDA)$ and AMD could still do very well in the future!
(Note: AMD 2022 revenue was 23.6B of which $5.2B or 22% from China!)
AMD is late to the party on AI platform. It may take some time to test and run effectively.
Next, good to see AMD bought Mipsology and Nod.ai recently to speed up its AI SW development!
AMD basically doubled it employees to 25,000 in past 2 years, mostly SW engineers! Once its ROCm catches up, most developers will use it because of the open source advantages! All we need is the giant company's commitment in using it this Q!
One word: "fundamental"...In fact you don't have to care much about the next ER, and if you focus on long term by knowing AMD is into AI at full speed, you will be in peace of mind holding AMD, regardless of inflation, deflation or wars...
I feel confident that AMD has good chance to be a big winner in the future!
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.
