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Will AMD Stock Skyrocket in 2024? 4 Catalysts to Watch.

Advanced Micro Devices has some impressive applications for its chips, leading to outsized interest around this stock.The company’s Q1 guidance lacked fireworks, but delivered where it matters.The company is a leading competitor in the AI chip race, and should be valued as such.Advanced Micro Devices , right on Intel’s heels, sparks reassurance in investors during market uncertainty. The company even surpassed its modest Q1 guidance, leading to expectations of more impressive longer-term growth among bulls. AMD projected $3.5 billion in data center revenue for 2024, as its Q4 revenue skyrocketed 38%. This is central to this AMD stock forecast.AMD has widened its horizons, recently revealing the AMD Embedded+, a system that provides a combination of AMD Ryzen Embedded processors and Versal adaptive SoCs on a single board. This integration smooths out qualification and builds processes, allowing for common software platforms for diverse applications. The system prioritizes low latency an
Will AMD Stock Skyrocket in 2024? 4 Catalysts to Watch.

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