When it comes to semiconductor stocks, odds are that companies such as Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) are the first that come to mind. Over much of the last two years,
Shares of Advanced Micro Devices ( AMD -1.05%) fell 18.1% in 2024, according to data from S&P Global Market Intelligence. It may seem odd that AMD fell so much in 2024 given the outperformance of some of its AI-oriented semiconductor peers. Moreover, AMD met or beat revenue and earnings expectations on every one of its earnings releases last year.
Shares of AMD have not experienced the same type of gains as those of rival Nvidia, but that could change over the next few years.
White Falcon Capital Management, an investment fund manager, released its fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here. It was a good year for the fund on an absolute basis.
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
Taiwan Semiconductor Manufacturing is expecting strong demand from its customers in 2025.
Detailed price information for Adv Micro Devices (AMD-Q) from The Globe and Mail including charting and trades.
Read here for an update on Intel's Q4 earnings potential and restructuring progress, with focus on Gaudi®3 AI accelerator and future profitability outlook.
We recently compiled a list of the 10 Undervalued Chip Stocks Near 52-Week Lows. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against the other undervalued chip stocks.
More money spent to build data centers will almost certainly lead to more revenue for TSMC, as its top customers include major players in AI and tech like Nvidia, Broadcom, Arm, and AMD, so it's understandable that Taiwan Semi is riding the rising tide higher.
Detailed price information for Adv Micro Devices (AMD-Q) from The Globe and Mail including charting and trades.
The technical outlook is favorable for traders. AMD stock is trading at a discount to its 50-day moving average and is close to its 52-week low. Plus, the Relative Strength Indicator (RSI) is around 40, which puts the stock near the oversold range.