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AMD sits near a trillion-dollar market cap with a valuation that would make most investors flinch, yet one investor keeps hitting the buy button every single month without checking the price first. Here is the logic behind that discipline and the three numbers driving it.
The three chipmakers with a full year of history past $1 trillion all kept climbing. Can AMD?
Advanced Micro Devices (AMD) just agreed to acquire AI research lab World Labs in an all stock deal valued at about US$8.2b, putting a fresh spotlight on how the chip designer is positioning around artificial intelligence. The World Labs deal lands while momentum in Advanced Micro Devices shares has been strong, with…