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

We came across a bullish thesis on Advanced Micro Devices, Inc. (AMD) on Substack by Oliver | MMMT Wealth. In this article, we will summarize the bulls’ thesis on AMD. Advanced Micro Devices, Inc. (AMD)'s share was trading at $101.67 as of March 5th. AMD’s trailing and forward P/E were 101.67 and 22.12 respectively according to Yahoo Finance.

[caption id="attachment_536380" align="aligncenter" width="750"] Iaroslav Neliubov/Shutterstock.com[/caption]

AMD has long operated in the shadow of NVIDIA, struggling to compete with a company that has dominated the AI market. While...