
Investors in Advanced Micro Devices (NASDAQ: AMD) have faced a year full of letdowns. As of the Mar. 12 close, shares are down 49% over the past 52 weeks. The semiconductor stock has experienced periods of significant gains, only to retreat further over a longer period of time. When markets constantly compare the stock to one of the most successful firms in the world, NVIDIA (NASDAQ: NVDA), AMD finds it hard to get a gasp of air.
AMD has several parts of its business. The most important is its data center segment, which is its largest and fastest-growing segment. When compared to NVIDIA, the data center business is often the focus, so the success of its other segments often feels ignored. AMD’s client segment is its second-largest and second-fastest-growing segment.