AMD: Why The Market Could Be Wrong Here

(10min)

Summary

  • Advanced Micro Devices, Inc.'s stock has declined 53% over the past year, but it appears oversold and may have bottomed around the $110-100 support level.
  • Despite recent challenges, AMD's data center revenue surged 69% YOY, and the company projects solid growth in H2 2025.
  • AMD's forward P/E ratio has dropped below 18, making it a bargain, as the market may have overreacted to its AI GPU struggles.
  • My 12-month price target for AMD is $180-200, with potential long-term growth leading to a stock price of $500 or higher by 2030.
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AMD offices located in Silicon Valley

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Advanced Micro Devices, Inc. (NASDAQ:AMD) stock has been brutalized over the past year, dropping from a high of around $227 to just around $107 recently. I called AMD a top pick for 2025 late last

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This article was written by

51.59K Followers

Hi, I’m Victor Dergunov, MBA, and I’ve been an active investor for over 20 years. My passion for investing started early, and I’ve spent two decades honing strategies that consistently deliver results. Whether it's tech giants like Apple and Tesla or opportunities in commodities and crypto, I provide diversified insights to help you succeed. Join me, and let’s take your investing to the next level.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of AMD, NVDA either through stock ownership, options, or other derivatives. 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.

I am long a diversified portfolio with hedges

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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