Everyone who studies AMD agrees, AMD has set itself up for great success into a huge $625B TAM that AMD has identified. And AMD has guided for a strong return to revenue growth in the next ER of 21% with top end quarterly revenue guidance of $7B.
To name just a few drivers, we now face this return to growth along with uncertainties from falling interest rates that broaden investable equities, wars across the globe and the most unusual American presidential election in history!
So after November 5th we are looking at a great increase in AMD and a wonderful Santa Rally taking AMD towards $250 by Christmas.
The Market sees, $10B revenue quarters are coming to AMD in 2025. So $250 is not that far away !
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