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Barchart
Barchart
Sushree Mohanty

How High Can AMD Stock Rally Amid the AI Boom?

AMD Nvidia Advanced Micro Devices Lisa Su Microsoft Ryzen

Tech stocks have rallied this year amid rising optimism around artificial intelligence (AI), despite macroeconomic headwinds. Semiconductor chip stocks, in particular, are benefiting from the AI hype. While the market adores the chip leader Nvidia (NVDA), there are AI chip stocks with bright prospects as the AI era unfolds.

Valued at $164.49 billion, Advanced Micro Devices (AMD), popularly known as AMD, has been a major player in the semiconductor industry over the last five decades. AMD has surged 300% in the last five years and an astounding 3,120% in the last decade. 

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