Bank of America's Top Pick: AMD Stock Set to Dominate Q3 2024
AMD(AMD) Investor Place·2024-07-12 18:20
Appearing quite undervalued compared to its peers, Advanced Micro Devices (NASDAQ:AMD) is in a strong position AI-wise. Just like Nvidia, AMD benefits from growing investor interest in AI chips. The market also expects AMD stock to reach 1.5 billion in sales. Data center revenue surged 80% in Q1 to 541 million. AMD plans to rele ...