Where Will AMD Stock Be in 2025?
AMD(AMD) The Motley Fool·2024-11-06 18:12
This underperforming semiconductor stock could witness a turnaround next year.This has been a forgettable year for Advanced Micro Devices (AMD 0.68%) investors. Shares of the semiconductor specialist are down 4% so far in 2024, while the PHLX Semiconductor Sector index has recorded impressive gains of almost 20% as of this writing.More bad news was in the offing for AMD investors when the company released third-quarter results on Oct. 29. Though it reported healthy year-over-year growth in revenue and earni ...