Advanced Micro Devices, Inc. is being reborn from the ashes. And what a rebirth. In early 2016 stock prices fell to less than $2 per share as the company struggled to remain competitive in the face of giant’s like Intel (NASDAQ:INTC) and Nvidia (NASDAQ:NVDA). Fast forward a year and stock prices are now drawing close to $10 while its Polaris GPU is already succeeding in regaining some of Nvidia’s market share. Can the stock soar even higher? We think so.
Tuesday, January 24, 2017
Why AMD Stock Is Poised To Explode In 2017
While I am not an analyst and I am certainly not qualified to make predictions like this but, as an enthusiast for more that 20 plus years, I personally think AMD's stock will definitely get a boost from the launch of both the Ryzen CPU and the Vega GPU later this year.