Advanced Micro (AMD) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
AMD, BWAY and DCOM have been added to the Zacks Rank #5 (Strong Sell) List on February 7, 2023.
2017 was a pivotal year for Advanced Micro Devices (NASDAQ: AMD). After years of shipping inferior CPUs and losing badly to rival Intel (NASDAQ: INTC), the company launched the first iteration of its blockbuster Ryzen chips. Unfortunately for AMD, the PC market is going through a historic downturn at the exact same time that Intel is aggressively pursuing a comeback of its own.