AMD is Down 35%. Now is the Time to Buy the Dip → Your $200 account credit is about to expire (From MarketBeat) (Ad) Hosted by MarketBeat StaffMay 3, 2024 Share Share Play video for AMD is Down 35%. Now is the Time to Buy the DipDetailsGuestsAdvanced Micro Devices NASDAQ: AMD share prices inflated in 2023 and early 2024 on hopes for an AI boom like NVIDIA NASDAQ: NVDA. The share price is down 35% from that peak because the boom didn’t happen, or did it? Unlike NVIDIA, Advanced Micro Devices is a highly diversified semiconductor manufacturer with offsetting businesses. That is having an impact on the results and market sentiment. On the one hand, AMD is experiencing an AI boom in two of its core business. Conversely, two core businesses struggle as their end markets reset and normalize. Because those markets are working through inventory issues and are well situated for long-term growth related to AI and upgrade cycles, they may soon turn into tailwinds. Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioAMDAdvanced Micro Devices4.6125 of 5 stars$162.62+1.8%N/A239.15NVDANVIDIA4.7219 of 5 stars$943.59-0.3%0.02%79.03 Compare These Stocks Add These Stocks to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatCEO of Biggest AI Chipmaker Just Dropped a Bombshell…from Banyan Hill PublishingThe 10 Best Lithium Stocks to Buy for a Post Gasoline Worldfrom MarketBeatDems have chosen Biden replacement?from Paradigm Press7 Technology Stocks That Analysts Love The Mostfrom MarketBeatThe Overlooked Retirement Asset You Probably Don’t Ownfrom Crypto 101 Media7 Stocks Set to Boom from the Weight Loss Craze from MarketBeat Skip Nvidia: Finding AI Stocks Beyond the BuzzUnder-the-radar opportunities that could redefine your investment strategy. Nate Bear shares his unique approach to trading AI stocks, insights into sectors ripe for AI integration, and highlights potRelated Videos7 Must-Buy Stocks Under $207 Stocks That May Be Next to Split Their StockGoing Long Nvidia Still Makes Sense: Here’s Why Featured Articles and Offers3 Affordable Stocks That Won’t Stay Down Much LongerPosted May 13, 2024View 3 Affordable Stocks That Won’t Stay Down Much LongerCEO of Biggest AI Chipmaker Just Dropped a Bombshell…From Banyan Hill Publishing(Ad)View CEO of Biggest AI Chipmaker Just Dropped a Bombshell…The Electric Vehicle Market Just Made a Sudden Turn Posted May 15, 2024View The Electric Vehicle Market Just Made a Sudden Turn What Wall Street Doesn’t Want You to Know About Alibaba StockPosted May 14, 2024View What Wall Street Doesn’t Want You to Know About Alibaba Stock3 Reasons Nvidia is on The Verge of a 4 Digit Stock PricePosted May 17, 2024View 3 Reasons Nvidia is on The Verge of a 4 Digit Stock PriceShocking $16T Elon Musk Crypto LeakFrom Crypto 101 Media(Ad)View Shocking $16T Elon Musk Crypto Leak Search Videos: Search Videos Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Hosted by MarketBeat StaffMay 3, 2024 Share Share Play video for AMD is Down 35%. Now is the Time to Buy the DipDetailsGuestsAdvanced Micro Devices NASDAQ: AMD share prices inflated in 2023 and early 2024 on hopes for an AI boom like NVIDIA NASDAQ: NVDA. The share price is down 35% from that peak because the boom didn’t happen, or did it? Unlike NVIDIA, Advanced Micro Devices is a highly diversified semiconductor manufacturer with offsetting businesses. That is having an impact on the results and market sentiment. On the one hand, AMD is experiencing an AI boom in two of its core business. Conversely, two core businesses struggle as their end markets reset and normalize. Because those markets are working through inventory issues and are well situated for long-term growth related to AI and upgrade cycles, they may soon turn into tailwinds. Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioAMDAdvanced Micro Devices4.6125 of 5 stars$162.62+1.8%N/A239.15NVDANVIDIA4.7219 of 5 stars$943.59-0.3%0.02%79.03 Compare These Stocks Add These Stocks to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatCEO of Biggest AI Chipmaker Just Dropped a Bombshell…from Banyan Hill PublishingThe 10 Best Lithium Stocks to Buy for a Post Gasoline Worldfrom MarketBeatDems have chosen Biden replacement?from Paradigm Press7 Technology Stocks That Analysts Love The Mostfrom MarketBeatThe Overlooked Retirement Asset You Probably Don’t Ownfrom Crypto 101 Media7 Stocks Set to Boom from the Weight Loss Craze from MarketBeat