Inaam Khan
@inaam1khan·85.7K subscribers·546 videos
How high can AMD stock go?
Posted
September 30, 2022
Views
181
Likes
5
Comments
8
Engagement
7.18%
September 30, 2022
181
5
8
7.18%
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3:27Now PlayingAdvanced Micro Devices (AMD stock) has had a lot of hype lately. I came across an article by Seeking Alpha that makes the argument that AMD is different from Intel and NVDA stock.
During the pandemic, computers were being left and right due to everyone working from home. Demand for processing chips went really high. In addition, Bitcoin and Ethereum prices skyrocketed, so people started mining it. To mine Bitcoin and Ethereum, they used AMD and NVDA processors.
As the pandemic comes to an end, demand is starting to dwindle down. NVDA and Intel missed earnings and dropped future forecasts. People think AMD will go through something similar, watch the video to find out why AMD is different.
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