Consumers also pulled back on purchasing PC components such as graphics processing units (GPUs), with worldwide shipments of the devices plunging 42% last year. AMD has been the focus of many headlines in recent months, thanks to its data center growth and potential in artificial intelligence (AI). As a result, you might be wondering if now is the time to buy AMD stock.
Similar to how a doctor consoles an X-Ray for pertinent information, investors look to price and volume charts to reveal important patterns.
Recently, Zacks.com users have been paying close attention to Advanced Micro (AMD). This makes it worthwhile to examine what the stock has in store.