AMD

Advanced Micro Devices Inc.

TMT


Presented:08/31/2023
Price:$105.72
Cap:$170.81B
Current Price:$156.64
Cap:$253.52B

Presented

Date08/31/2023
Price$105.72
Market Cap$170.81B
Ent Value$181.91B
P/E RatioN/A
Book Value$34.16
Div Yield0%
Shares O/S1,615.67M
Ave Daily Vol66,547,716
Short Int1.79%

Current

Price$156.64
Market Cap$253.52B
Advanced Micro Devices, Inc. engages in the provision of semiconductor businesses. It operates through the following segments: Computing & Graphics, and Enterprise, Embedded and Semi-Custom. The Computing and Graphics segment includes desktop and notebook processors and chipsets, discrete and integrated graphics processing units, data center and professional GPUs and development services. The Enterprise, Embedded and Semi-Custom segment includes server and embedded processors, semi-custom System-on-Chip products, development services and technology for game consoles. The company was founded by W. J. Sanders III on May 1, 1969 and is headquartered in Santa Clara, CA.

Publicly traded companies mentioned herein: Advanced Micro Devices Inc (AMD), Alibaba (BABA), Alphabet Inc (GOOGL), Intel Corp (INTC), Microsoft Corp (MSFT), NVIDIA Corp (NVDA)

Highlights

The presenter is long AMD, seeing the setup as quite positive given the amount of scrutiny on the stock currently and investor focus on Q3 and Q4 numbers, which may be overlooking a resurgence in 2024. He sees recent results as informative and believes the company has been undershipping demand, which should be transient in nature and lead to better trends moving forward. As such he thinks it's more important for inventory to get cleaned out of the channel and for the company to drive GPU adoption, leading EPS growth toward $5 in 2025 and 30%-50% upside in the stock over the next 12-18 months.

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Idea Discussion

Commentor 1 - 2 weeks ago

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