Advanced Micro Devices (NASDAQ:AMD) stock has tumbled 36% from its 52-week high of $211 in March and trades around $135 as of writing. The decline has been driven by disappointing earnings and ...
AMD stock remained largely unchanged this week. Investors are digesting NVIDIA's Q3 earnings report. Nvidia, AMD’s key competitor in high-performance GPUs and AI hardware, posted solid third-quarter ...
Thus, AMD stock trading at 28 times forward earnings against Nvidia's 38 times forward earnings doesn't necessarily make it cheaper. Advertisement In fact, I would argue that AMD fares worse here.
With Nvidia's results expected to ripple through the semiconductor industry, AMD's stock could see heightened volatility as investors reassess growth prospects across the sector. An investor can ...
Advanced Micro Devices (NASDAQ:AMD) stock has tumbled 36% from its 52-week high of $211 in March and trades around $135 as of writing. The decline has been driven by disappointing earnings and ...