AMD: I Was Wrong, It's Time To Buy (Rating Upgrade)
AMDAMD(AMD) Seeking Alpha·2024-08-02 23:55

Tim Robberts Introduction In light of its Q2 2024 report, Advanced Micro Devices, Inc. (NASDAQ:AMD) stock popped by a double-digit percentage; however, investors have quickly faded the bounce, and AMD is now trading where it was heading into the print! GoogleFinance Now, going into the report, I wrote the following in my earnings preview note: Advanced Micro Devices is a fundamentally sound business that I want to own long-term; however, in the absence of AI-powered hypergrowth, I find it difficult to just ...