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AMD Gains Momentum With AI: Can It Beat Expectations?
AMDAMD(AMD) MarketBeat·2024-10-15 15:49

Advanced Micro Devices TodayAMDAdvanced Micro Devices$157.90 -7.37 (-4.46%) 52-Week Range$93.11▼$227.30P/E Ratio192.56Price Target$195.00Add to WatchlistAdvanced Micro Devices NASDAQ: AMD is gaining traction with AI. NVIDIA NASDAQ: NVDA remains the leader because of its first-mover advantage, but there are other significant players, and AMD is the leader. While NVIDIA commands an estimated 95% of the AI data center market, AMD carries most of the remainder and can regain the share lost due to NVIDIA’s boom. ...