Where Will AMD Stock Be in 1 Year?

By Parkev Tatevosian, CFA – Mar 21, 2024 at 5:00AM

NASDAQ: AMD

Advanced Micro Devices

Market Cap

$248B

Today's Change

(1.73%) $2.60

Current Price

$153.16

Price as of May 14, 2024, 4:00 p.m. ET

AMD has introduced a competing chip in the artificial intelligence (AI) market that has yet to demonstrate significant gains against Nvidia.

Fool.com contributor Parkev Tatevosian evaluates AMD (AMD 1.73%) stock and forecasts where the stock price could be.

*Stock prices used were the afternoon prices of March 18, 2024. The video was published on March 20, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.