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

We came across a bullish thesis on Advanced Micro Devices, Inc. (AMD) on Twitter by Antonio Linares. In this article, we will summarize the bulls’ thesis on AMD. Advanced Micro Devices, Inc.'s share was trading at $167.89 as of Oct 11th. AMD’s trailing and forward P/E were 199.87 and 30.86 according to Yahoo Finance.

[caption id="attachment_1213982" align="aligncenter" width="768"] A close-up of a digital circuit board with chips illuminated by LED lights.[/caption]

AMD's strategic position in the rapidly expanding AI market, where its broad-based AI integration sets it apart...