Is AMD Stock A Buy?


This past week Advanced Micro Devices, also known as AMD, reported their quarterly earnings. The company reported 56% Y/Y growth and were able to increase their income.

But since reporting their stock has dropped only dropped and is trading -20% away from its all time high that it made back in July. Why is it dropping so much? Is the stock a buy?

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S/o to Gene Wang for the Lisa Su photo