motley fool
2024.05.19 09:48
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If You'd Invested $10,000 in Advanced Micro Devices Stock 5 Years Ago, Here's How Much You'd Have Today

Advanced Micro Devices (AMD) stock has soared 484% in the last five years, outperforming the S&P 500. The company's success in the artificial intelligence (AI) sector, including the launch of ChatGPT and AI GPU Mi300, has contributed to its stock growth. Investors expect AMD to benefit from the increasing demand for AI-related technology. However, weak revenue growth in recent quarters and weakness in the gaming and embedded segments pose challenges. Overall, AMD's track record is encouraging, but its success in AI will determine future stock performance.