Advanced Micro Devices, Inc. (AMD): A Bull Case Theory

We came across a bullish thesis on Advanced Micro Devices, Inc. on Arya’s Substack’s by Arya. In this article, we will summarize the bulls’ thesis on AMD. Advanced Micro Devices, Inc.'s share was trading at $166.55 as of August 19^th. AMD’s trailing and forward P/E were 99.73 and 42.73 respectively according to Yahoo Finance.

AMD is entering a new phase of growth, driven by its expanding presence in data centers and accelerating momentum in AI computing. Nearly half of AMD’s revenue now stems from server CPUs and GPUs, where it continues to take share in an increasingly...