Where Will AMD's Stock Be In 3 Years? The Answer May Surprise You.
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AMD (NASDAQ: AMD) isn't a bad company by any means, but if there was ever a company that could fit the saying, "always a bridesmaid and never the bride," it would be AMD. AMD always seems to be in second place, regardless of the trend. In the early 2000s, AMD was getting smoked by Intel (NASDAQ: INTC) in the CPU game during the massive PC buildout, and it was said that AMD was only allowed to exist so Intel wouldn't be accused of being an illegal monopoly.Fast-forward to today, and the biggest computing trend to ever occur, the AI arms race, also has AMD playing second fiddle to another competitor, Nvidia (NASDAQ: NVDA). However, AMD is still doing OK in this trend, but its market share is nowhere near Nvidia's.Still, if the market has priced AMD's stock at a level reflecting its second-place status, it could be worth owning. Despite its trailing position, will it be a winning investment over the next three years? Let's find out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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