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News  ›  The Motley Fool

AMD's Stock Has Doubled This Year. Here's Why It's Not Too Late to Invest.

The Motley Fool Logo The Motley Fool • •By David Jagielski
AMD's Stock Has Doubled This Year. Here's Why It's Not Too Late to Invest.

AMD's stock has surged 115% this year, driven by strong growth in its AI chip business. Despite initial challenges competing with Nvidia, AMD is now seen as a promising investment with potential for significant future earnings in artificial intelligence.

Insights
AMD   positive

Strong AI chip business growth, potential partnership with OpenAI, attractive forward P/E ratio, CEO's optimistic revenue projections, and potential to reach $1 trillion market valuation