Advanced Micro Devices Inc
AMD: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $628.00 | Pgnnrg | Ttnzshyd |
AMD’s AI Accelerator Business Should Emerge as a Credible Threat to Nvidia
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Business Strategy and Outlook
Advanced Micro Devices has a wealth of digital semiconductor expertise and is well positioned to prosper from favorable trends in data centers, artificial intelligence, and gaming. We think Advanced Micro Devices benefits from intangible assets across a variety of products. Meanwhile, Advanced Micro Devices is one of two notable firms in graphics processing units, which are especially well suited for AI. Advanced Micro Devices may play second fiddle to Nvidia in AI GPUs, but its GPU expertise should become increasingly valuable, and lucrative, in the years ahead.