AMD: A Losing Bet On AI

Advanced Micro Devices, Inc. (NASDAQ: AMD ) recently reported its Q1 results. While the results were decent, as its revenues increased by 36% Y/Y, we see several risks that the company faces, which in our opinion are likely to undermineBears of Wall Street is a community of asset managers and traders who take a pragmatic approach to valuing companies. Bears of Wall Street provide unique research with a bearish sentiment on overvalued or weak companies with declining businesses and poor growth perspectives - ...