Previous close | 25.00 |
Open | 23.82 |
Bid | 24.10 |
Ask | 24.40 |
Strike | 125.00 |
Expiry date | 2024-01-19 |
Day's range | 23.82 - 23.82 |
Contract range | N/A |
Volume | |
Open interest | 1.67k |
Uncover the financial narrative of a key player in the AI chip market. Does AMD's stock hold untapped potential in the long run? And did you miss the AI bus yet?
Perhaps the hottest question in technology investing circles today is whether Nvidia's (NASDAQ: NVDA) eye-popping growth and margins displayed over the course of the past two quarters is sustainable. If artificial-intelligence (AI) accelerators grow at a 50% annualized growth rate for the next five years as some think, Nvidia's stock may actually be cheap. At a recent industry conference, Lisa Su, the CEO of Nvidia competitor Advanced Micro Devices (NASDAQ: AMD), said of Nvidia's AI moat, "I'm not a believer in moats when the market is moving as fast as this."
Fool.com contributor and finance professor Parkev Tatevosian evaluates AMD (NASDAQ: AMD) and its financial position to determine if long-term investors should buy the stock. *Stock prices used were the afternoon prices of Sept.