Advanced Micro Devices, Inc. (AMD): A Bull Case Theory

We came across a bullish thesis on Advanced Micro Devices, Inc. (AMD) on Substack by Antonio Linares. In this article, we will summarize the bulls’ thesis on AMD. Advanced Micro Devices, Inc. (AMD)'s share was trading at $141.13 as of Nov 25^th. AMD’s trailing and forward P/E were 124.89 and 28.33 respectively according to Yahoo Finance.

AMD is steadily cementing itself as a formidable rival to Intel and Nvidia, leveraging its chiplet platform to deliver superior products and capture market share. While Intel's dominance in CPU and PC markets persists, AMD’s strategy of...