Is Advanced Micro Devices (AMD) Stock a Buy Now?

The stock market can sometimes feel like a popularity contest. Investors have flocked to Nvidia because it's the dominant supplier of the data center chips powering artificial intelligence (AI) models. On the other hand, Wall Street has seemingly left Advanced Micro Devices (NASDAQ: AMD) in the dust. While Nvidia has soared an impressive 170% over the past 12 months, AMD has declined nearly 20%.It's clear that AMD isn't the AI company Nvidia is. Its $3.5 billion in data center revenue in Q3 was a fraction of Nvidia's $30.8 billion. However, investing isn't always about following the herd. Often, the underdog can win big, too. Is AMD poised to perform better in 2025? Keep reading to discover if the stock is a buy right now.AMD offers its Instinct line of accelerator chips, which are purpose-built for artificial intelligence (AI). Nvidia is currently the market leader in AI chips, but the big technology companies that buy these chips for their data centers don't want to depend on one supplier for such a critical need. Therefore, companies like Microsoft and Meta Platforms work with other chips, including AMD's Instinct line.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool