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Advanced Micro Devices (AMD): A Bull Case Theory

We came across a bullish thesis on Advanced Micro Devices on Rebound Capital's Substack. As of 5ᵗʰ July, Advanced Micro Devices's share was trading at $137.91. AMD's trailing and forward P/E were 100.66 and 27.04 respectively according to Yahoo Finance.

[caption id="attachment_1195736" align="aligncenter" width="768"] A close up of a complex looking PCB board with several intergrated semiconductor parts.[/caption]

Advanced Micro Devices (AMD) is a semiconductor company that designs high-performance processors and graphics cards for servers and PCs. The company's stock has been in...