1 Reason to Buy Advanced Micro Devices Stock

Shares of Advanced Micro Devices (AMD 1.71%) pulled back to start 2026 and were recently down about 8% year to date, although the stock has recovered. Investors are weighing the stock's high price-to-earnings multiple against risks in the AI chip market, where it is a distant second to Nvidia's leadership.However, investors might be overlooking AMD's surging free cash flow and what this says about the real strength of the company's business. AMD's free cash flow nearly doubled year over year to $2.1 billion ...