AMD: AI Chip Boom
- NVIDIA ushered in an AI chip boom with an inflection point in the current quarter.
- AMD announced several new AI chips in the last few months with plans to accelerate development and new product releases during 2023.
- The stock only trades at ~13x normalized EPS targets despite the long-term growth potential accelerated by AI chip demand.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »