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Barchart
Faisal Humayun Khan

Should You Buy AMD Stock Before Q4 Earnings?

AMD Stock Wedbush Matt Bryson Advanced Micro Devices Meta

Advanced Micro Devices (AMD) stock has been riding the AI wave with an upside of 116% in the last 52 weeks. Further, according to Holly Newman Kroft, managing director at Neuberger Berman Private Wealth, the “AI euphoria is far from finished.” 

The big investments in AI will therefore continue to benefit the “Magnificent Seven tech companies” and the other participants with a product portfolio that benefits from the structural tailwinds. AMD is among the high-performance computing companies that are positioned to benefit.

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