AMD Jumped Today -- Is the Artificial Intelligence (AI) Stock a Buy?

Advanced Micro Devices (NASDAQ: AMD) stock closed out Wednesday's daily session with big gains. The semiconductor company's share price rose 4.9% in a day of trading that saw the S&P 500 index climb 1.6% and the Nasdaq Composite rise 2.5%. The stock had been up as much as 8.7% earlier in the day's trading.AMD stock jumped today following developments that suggest that the trade war between the U.S. and China could see a meaningful de-escalation in the not-too-distant future. But even with a significant rally over the last couple days of trading, AMD stock is still down 25% in 2025 and 57% from its high. AMD's valuation has seen a big drawdown over the last year as investors have become more cautious about the company's growth outlook in the artificial intelligence (AI) market. Escalations in the trade war and recent news that the company is effectively banned from selling its MI308 graphics processing units (GPUs), and could take a write-down of up to $800 million on the product inventory have added to pressures. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool