Where Will AMD Stock Be in 5 Years?

By Parkev Tatevosian, CFA – Apr 5, 2024 at 8:58AM

NASDAQ: AMD

Advanced Micro Devices

Market Cap

$233B

Today's Change

(-8.91%) -$14.11

Current Price

$144.27

Price as of May 1, 2024, 4:00 p.m. ET

Investors eagerly await a surge in demand for AMD's artificial intelligence (AI) products.

Fool.com contributor Parkev Tatevosian forecasts where AMD's (AMD -8.91%) stock price could be in 2029.

*Stock prices used were the afternoon prices of April 2, 2024. The video was published on April 4, 2024.

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