AMD: Buying A Supply Position, Not A Product Cycle (NASDAQ:AMD)

· seekingalpha.com

Advanced Micro Devices delivered a strong quarter: 50% revenue growth, record $11.5B sales, and gross margin above 56%. Learn more about AMD stock here.

I initiated coverage on Advanced Micro Devices, Inc. ( AMD ) with a Buy rating and a fair value range of $550 to $690, built on a segment-level model running to...


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