AMD is Down 35%. Now is the Time to Buy the Dip Hosted by Laycee KluinMay 3, 2024 ShareLink copied to clipboard. 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 Devices4.7866 of 5 stars$100.59+1.8%N/A101.61NVDANVIDIA4.8757 of 5 stars$113.82-0.6%0.04%44.79 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 MarketBeatElon’s Terrifying Warning Forces Trump To Take ActionElon Musk has avoided two major financial crises before. He pulled Tesla and SpaceX back from the brink of col...American Hartford Gold | Sponsored7 Consumer Discretionary Stocks That Will Continue to RallyConsumer discretionary stocks appear to be among the winners from the ongoing Trump trade following the U.S. p...MarketBeatTrump wipes out trillions overnight…Is there anybody more powerful than Donald Trump right now? 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Hosted by Laycee KluinMay 3, 2024 ShareLink copied to clipboard. 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 Devices4.7866 of 5 stars$100.59+1.8%N/A101.61NVDANVIDIA4.8757 of 5 stars$113.82-0.6%0.04%44.79 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 MarketBeatElon’s Terrifying Warning Forces Trump To Take ActionElon Musk has avoided two major financial crises before. He pulled Tesla and SpaceX back from the brink of col...American Hartford Gold | Sponsored7 Consumer Discretionary Stocks That Will Continue to RallyConsumer discretionary stocks appear to be among the winners from the ongoing Trump trade following the U.S. p...MarketBeatTrump wipes out trillions overnight…Is there anybody more powerful than Donald Trump right now? In a single tariff announcement, he wiped out n...Porter & Company | Sponsored7 Cybersecurity Investments to Protect Your Portfolio, Your Data Investors who were adults before the dawn of the internet can be forgiven for being amazed, and sometimes be...MarketBeatShocking AI play that’s beats Nvidia by a country mileYou’ve seen the headlines about Nvidia. Now Tim Sykes is sounding the alarm — because what CEO Jensen Huang is...Timothy Sykes | SponsoredThe Best Energy Stocks to Buy NowWith recent disruptions in the international energy markets, there has been a renewed attention on public ener...MarketBeat
