AMD: A Cautious Assessment

AMD, like Nvidia, designs and manufactures computer chips – central processing units and graphics cards, increasingly focused on the demands of artificial intelligence. Its Ryzen CPUs, EPYC processors, and Instinct GPUs are familiar names. The recent enthusiasm for its stock is, predictably, linked to the rising demand for these components in the AI sector. However, past performance, as any sensible investor knows, is a treacherous guide to future returns.








