AMD: Riding the AI Wave Higher

May 17, 2024

Many investors think the AI chip derby is a one-horse race.

At LikeFolio, we disagree.

While Nvidia (NVDA) may be the clear and righful favorite, AMD is handily in the second place slot in our opinion.

Our recent bullish alert on AMD is already gaining steam, already garnering a ~14% gain in less than a month.

And we think this name is just getting started. Here's why we're Bullish...

Consumer Buzz and AI Demand

Data from LikeFolio highlights a growing consumer interest in AMD products, driven by its advancements in AI and its renowned Ryzen line. The Ryzen processors are celebrated for their high performance in both consumer and professional applications.

For consumers, Ryzen CPUs provide excellent gaming experiences, efficient multitasking, and enhanced content creation capabilities. For professionals, these processors offer robust performance for tasks such as 3D rendering, video editing, and software development, making them a preferred choice in high-demand computing environments.

This increase in mentions indicates rising market awareness and confidence in AMD’s offerings.

Additionally...

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LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.
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