Buy price
331.74
331.74
331.47
23.65 B
Information regarding past performance is not a reliable indicator of future performance.
The company's stock has under-performed the market so far in 2024. Official benchmarks testing the performance its Ryzen and Epyc processors and new Navi GPUs, indicate that AMD got its act right this time and has products that can compete its rivals, across its product range. Assuming that AMD can reclaim market from Intel and NVidia in the personal computing, data server and discrete graphics card segments, its share price might have more upside. Going forward, intense competition from Intel and Nvidia is anticipated with the release of more competitive products, while currency volatility can impact the company's sales in an unpredictable manner. In addition if the trend in cryptocurrency mining continues, the company stands to gain from additional sales.
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Advanced Micro Devices Inc.
AMD
331.605
-6.48%
FAQ