AMD: Accelerating Revenue Growth Ahead

Javier Lizarazo Guerra Investment Thesis The main Advanced Micro Devices, Inc. (AMD) thesis is as a challenger to Nvidia (NVDA) in the lucrative market for data center AI chips. The stock price has been decreasing towards a more investible valuation. There have been some headwinds in other of its businesses, preventing stronger revenue growth in the near-term, but which therefore could become tailwinds as those businesses improve or stabilize, with stronger growth already expected in Q3. Background In p ...