AMD Dominates Buzzing Stocks

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Analyst Says Advanced Micro Devices (AMD) Remains Under the Radar, Has More Room for Growth

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Markets were cheering the latest US - China trade deal, after which the two countries will significantly reduce tariffs on each other’s imports for 90 days .

The deal practically negates all bear cases modeled by Wall Street analysts based on the impact of tariffs.

AMD bulls believe the market should stop comparing the company's chips with Nvidia and focus on its data-center growth and its competitive edge over other players like Intel .

Artisan Global Opportunities Fund stated the following regarding Advanced Micro Devices, Inc. ( NASDAQ : AMD ) in its Q4 2024 investor letter.

We believe the AI -related market will grow to $400 billion$500 billion in the next three years .

We expect that NVIDIA ’s market share will fall from ~90%in2024to60%80%overthesame periodasitcedes market share to AMD .

AMD ranks 3rd on our list of buzzing stocks after latest earnings season .

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English

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