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Advanced Micro Devices: Doubling Down On $600

Source: SeekingAlpha

2026-03-08 20:00:00 ET

The chip sector has been pressured all year due to fears of an AI bubble, but Advanced Micro Devices, Inc. ( AMD ) continues to sign massive AI chip deals. The company has now added two major hyperscalers with deals targeting the stock reaching $600. My investment thesis is ultra Bullish on the stock, though the recent weakness in the AI chip sector could lead AMD to close the gap all the way to $170....

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Advanced Micro Devices: Doubling Down On $600
Advanced Micro Devices Inc.

NASDAQ: AMD

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AMD Stock Data

$350,859,232,285
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N/A
1789
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Semiconductors and Equipment
Technology
US
Santa Clara

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