close
close

Is Advanced Micro Devices (AMD) stock worth buying?

Chip manufacturing company Advanced Micro Devices (NASDAQ:AMD) was pushed into the background Nvidia (NASDAQ: NVDA) in the artificial intelligence (AI) craze. A 40% return over the past year is nothing to scoff at, but it pales in comparison to Nvidia’s triple-digit results.

Whether the stock has further upside potential depends on how much impact artificial intelligence will have on AMD’s business in the coming years.

Big things are happening at AMD, and this long-term investor is taking a close look at the company’s financials to determine if they’re strong enough to justify buying shares now.

Continue reading

Source Fool.com