Why AMD Stock Is a Strong Buy Now
AMDAMD(AMD) Investor Place·2024-07-23 18:05

Advanced Micro Devices (NASDAQ:AMD) stock doesn’t grab as many headlines as Nvidia (NASDAQ:NVDA), but with an average price objective of $193.03, analysts grade AMD stock as a “Strong Buy,” suggesting a 27% potential.AMD’s AI aspirations (including the MI300 AI chips and the MI300X chips) are garnering attraction. Thanks to a consumer-friendly, open strategy, AMD is aggressively vying with Nvidia and has an edge over it; its RX 7900 XTX provides comparable performance at a reduced price.With seven out of th ...