AMD: 2 Reasons To Be Greedy When Others Are Fearful

Summary

  • Advanced Micro Devices, Inc.'s Q3 earnings were followed by large price corrections.
  • These corrections are mostly due to concerns of uncertainties in PC demand and AI chip cycle.
  • The prevailing sentiment has gone too far in the fear extreme.
  • It has factored in the downside risks already but largely ignored the positives such as its robust economic earnings, attractive valuation, and improving inventory data.
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Afraid to loose money

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AMD Stock: Previous Thesis and Q3 Earnings

I last wrote on Advanced Micro Devices, Inc. (NASDAQ:AMD) back in October 2024. As reflected in the article’s title, “AMD Q3 Preview: Status Of The Cycle,” it was a preview

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Envision Research, aka Lucas Ma, has over 15+ years of investment experience and holds a Masters with in Quantitative Investment and a PhD in Mechanical Engineering with a focus on renewable energy, both from Stanford University. He also has 30+ years of hands-on experience in high-tech R&D and consulting, housing sector, credit sector, and actual portfolio management.

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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