Here's the Next AI Stock I'm Buying

AMD also has an excellent balance sheet, with over $5 billion in cash and very little debt, which gives it the flexibility to pursue growth opportunities and allocate capital where it will deliver the best returns. Recent results have been strong. Revenue grew 24% year over year in the fourth quarter of 2024, adjusted gross margin expanded by 300 basis points, and adjusted EPS increased by an impressive 42%. However, that's about to change in a big way. Chipmaker Advanced Micro Devices (AMD -3.10%), typical ...