Advanced Micro Devices: Advancing Despite Headwinds

Advanced Micro Devices: Advancing Despite Headwinds

Shares of Advanced Micro Devices (AMD) rallied in the past six months. The share price soared by more than an astonishing 90%, knocking the overall market sideways.

This stock will likely continue to post impressive share price performance, despite industrial supply chains headwinds. The company is seen to strengthen its position further in each growing market. Thus, I am bullish on this stock. (See Analysts’ Top Stocks on TipRanks)

Based in Santa Clara, California, this chipmaker is providing its technologies on a global scale and serves various markets.