AMD is the biggest opportunity in the Semi space
Posted: Dec 19, 2024
- AMD beat Intel and is poised to benefit from being the leader in microchips
- Micron and the PC business had concerns this week, but AI personal computer upgrades are coming
- AMD has been working on custom chip designs for a while and competes in AI accelerators
- AMD consistently beats earnings expectations and has recession-proof stock
- Average price target for AMD is $180, below the lowest analyst target of $145
What do people on Reddit think?
🚨 Reddit sentiment: mixed/positive - Despite some skepticism, the majority of comments express a belief in AMD's potential, pointing to AI demand, past high prices, and market position, indicating more bullish sentiment in the discussions. Summarized comments: - Mixed feelings about AMD with some seeing it as a pump without fundamentals while others remain bullish despite recent dips - AMD's server sales for AI demand are seen positively and it's mentioned that it might go over 130 after earnings - Some believe AMD has already surpassed Intel, but there's a debate whether AMD's success is due to Intel's underperformance - There are jokes and sarcasm about stock predictions and the current state of the market - Some users are holding onto their AMD investments despite being down - NVDA is referenced as the market leader with a large market cap - AMD posts are compared to PLTR stock pump posts - There are acknowledgments of approaching interesting entry points for AMD investment Stock tickers discussed: $AMD, $NVDA, $INTC, $PLTR
Stay ahead of the market with AI stock alerts & AI summaries of the latest earnings, stock ideas for free with Fluid Bot. Sign up now!