Prediction: AMD Stock Will Skyrocket After Aug. 4 Due to This Massive News
AMD has just won a huge customer for its rack-scale server platform.
Overview
This has been an amazing year for Advanced Micro Devices (NASDAQ: AMD) investors so far, as shares of the semiconductor specialist have jumped by an impressive 144%.
This incredible rally in AMD stock is well deserved, as the company is gradually becoming more influential in the artificial intelligence (AI) chip market. The good news for investors is that AMD's rally could get a nice shot in the arm when the company releases its second-quarter results after the market closes on Aug. 4, following a new development.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.