Every AMD Stock Investor Should Keep an Eye on This Number
AMDAMD(US:AMD) The Motley Fool·2024-10-12 13:45

One figure points to a significant change that could spark considerable stock price growth.On some levels, Advanced Micro Devices (AMD 2.26%) looks increasingly like a competitor to Nvidia in the artificial intelligence (AI) accelerator market. While almost everyone perceives Nvidia as the dominant player in this market, AMD raised some eyebrows by winning a contract from Oracle.Still, for all these accolades, AMD is barely profitable, and its revenue growth rate remains mired in the single digits. Also, de ...

Every AMD Stock Investor Should Keep an Eye on This Number - Reportify