Where Will Advanced Micro Devices Be in 1 Year?
AMD(AMD) The Motley Fool·2024-12-29 18:24
Artificial intelligence (AI) has been the driving force behind the growth of many tech companies lately. With AI infrastructure spending ramping up, Advanced Micro Devices (AMD 0.10%) has benefited from tech giants investing in advanced processors.However, AMD's stock hasn't benefited all that much from the AI boom, and semiconductor rival Nvidia (NVDA -2.09%) has overshadowed much of the company's impressive results.Over the past year, AMD's stock has tumbled 13% compared to the S&P 500's 26% gains (as of ...