Prediction: This AI Hardware Stock Could Become One of the Next $1 Trillion Companies
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The trillion-dollar stock club is a fairly exclusive group. There have only been 10 U.S.-listed stocks that have breached this valuation level, and there are a few more within striking distance. However, one stock that's a bit far away is Advanced Micro Devices (NASDAQ: AMD). AMD has a market cap of $330 billion, so it may not be on investors' radar for crossing into the $1 trillion valuation range. However, AMD's hardware is starting to become more popular in the artificial intelligence (AI) world, and it may get there faster than many think.How quickly can AMD reach $1 trillion? Well, if its projections come true, it could be there in as little as four years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool