Advanced Micro Devices Inc
AMD: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $491.00 | Mxdwqlh | Mbmhbksrgk |
AMD’s AI Accelerator Business Is on the Rise and Should Take a Piece of the AI Pie
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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 consider AMD to be one of two notable firms in graphics processing units, which are especially well suited for AI. The company may play second fiddle to Nvidia in AI GPUs, but its GPU expertise should become increasingly valuable, and lucrative, in the years ahead.