Should You Buy AMD Stock Before the MI400 Launch?

AMD's (AMD) stock just took a beating, dropping 17% in its worst session since 2017. But CEO Lisa Su says the pullback doesn't reflect the company’s widening AI moat. The chipmaker posted strong fourth-quarter results, with revenue of $10.27 billion and earnings per share of $1.53, both beating Wall Street expectations. Yet investors sold off AMD stock after Q1 guidance of $9.8 billion fell short of some analysts' sky-high expectations. More News from Barchart So what's really going on here, and should ...