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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.
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.
Have you considered chip designer Advanced Micro Devices (NASDAQ: AMD), media-streaming technologist Roku (NASDAQ: ROKU), and e-commerce platform provider Shopify (NYSE: SHOP) yet? All three are poised to deliver wealth-building gains for patient investors. Under her steady hand, AMD has made significant progress in launching consistently successful products and managing its formerly brittle financial platform.