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

We came across a bullish thesis on Advanced Micro Devices, Inc. (NASDAQ:AMD) on Substack by Oguz Erkan. In this article, we will summarize the bulls’ thesis on AMD. Advanced Micro Devices, Inc. (NASDAQ:AMD)'s share was trading at $125.37 as of Jan 3^rd. AMD’s trailing and forward P/E were 110.95 and 25.19 respectively according to Yahoo Finance.

[caption id="attachment_1204616" align="aligncenter" width="768"] A technician operating a robotic arm on a production line of semiconductor chips.[/caption]

AMD’s remarkable transformation reflects its strategic focus, managerial...