AMD (Advanced Micro Devices) Stock News

The cryptocurrency market is notorious for its volatility, with Bitcoin's ( BTC-USD ) price swings often impacting the entire sector. However, certain crypto infrastructure plays remain poised for growth regardless of Bitcoin's price movements.

You may be wondering whether it's time to “buy the dip” with Advanced Micro Devices (NASDAQ: AMD ). Put simply, we believe that there's little reason to rush into an Advanced Micro Devices stock position.

An increase in sales of AI servers and computers is going to be a tailwind for this chipmaker. Analysts are forecasting a sharp improvement in this semiconductor company's growth, which could lead to a turnaround in its fortunes on the stock market.

Intel continues to underperform against competitors like NVIDIA and AMD in the GPU and CPU markets, respectively. Intel is refocusing its efforts into chip manufacturing, but also specializing within the AI segment to gain an edge. By 2030, Intel's revenues could be more than double, reaching $123 billion, with growth catalysts and a reasonable margin of safety supporting a buy rating.

Have you ever wanted to invest in the hottest tech stocks, but the share price seems out of reach?

After a bumper start to the year riding Wall Street's artificial intelligence (AI) wave, shares in chipmaker AMD (AMD) have slumped as investors question the company's ability to capture a greater share of the booming AI chip market from tech behemoth Nvidia (NVDA).

Within the technology sector, a few companies are beginning to emerge as future titans. Based on their growth potency, they can be valued at trillions of dollars in the foreseeable future.

While other artificial intelligence (AI) focused stocks like Nvidia (NASDAQ: NVDA), Qualcomm (NASDAQ: QCOM), and Micron (NASDAQ: MU) have seen impressive gains in 2024, their competitor Advanced Micro Devices (NASDAQ: AMD) has struggled, as it managed to eke out “just” a 13% gain in the first half of the year.