Is Advanced Micro Devices (AMD) Stock a Buy Now?
AMDAMD(AMD) The Motley Fool·2024-08-04 19:30

The company's recent earnings were far more impressive than its 9% revenue growth implies.Semiconductor company Advanced Micro Devices (AMD -0.03%) recently reported second-quarter earnings. While archrival Nvidia posted triple-digit revenue growth on AI tailwinds in recent quarters, some laggards in AMD's business have muffled its top-line performance.However, there are signs that AMD is becoming increasingly competitive in AI, which could accelerate the company's total growth.With shares down over 30% fro ...