3 Reasons to Buy AMD, and 1 Reason to Sell
The chipmaker just posted impressive third-quarter numbers.
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The chipmaker just posted impressive third-quarter numbers.
The chipmaker just posted impressive third-quarter numbers.
The chipmaker delivered a 30-bagger return in just seven years.
David is growing larger as Goliath shrinks.
Intel's (NASDAQ:INTC) stock recently slumped after the chipmaker posted its first-quarter earnings report. Its revenue and earnings surpassed Wall Street's conservative estimates, but its guidance indicated its slowdown would continue as it grappled with its chip shortage and R&D issues. Intel's manufacturing plans, which include investments in new plants and the launch of a new foundry unit for third-party chipmakers, also defied calls for the company to become a fabless chipmaker like Advanced Micro Devices (NASDAQ:AMD). Intel also postponed the launch of its long-delayed 7nm chips to 202...