Thesis Summary
Advanced Micro Devices Inc (AMD) has been manufacturing chips since 1969. Over the past few years, it has lost ground to NVIDIA Corporation (NVDA)’s superior tech. However, we believe AMD is catching up and will prove the more profitable investment in the coming decade. We have made a DCF valuation based on our forecasts and determined that the company offers a better return than its competitors.
Company Overview
AMD is a multinational semiconductor company that develops computer processors and related technologies for business and consumer markets. The business has