AMD (Advanced Micro Devices) Stock News

Uncovering cheap stocks amid the noise of overvalued and overhyped stocks like Nvidia (NASDAQ: NVDA ) is essential in today's volatile stock market. Three undervalued AI stocks are set up for significant growth in this case.

Semiconductor stocks to keep an eye on in the stock market now.

Intel is venturing into the chip manufacturing business. AMD is in talks to potentially build a massive AI cluster.

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?