Advanced Micro Devices (AMD) is a high-growth semiconductor company with industry tailwinds. Due to its high valuation, I am only neutral on the stock at current prices. (See Insiders’ Hot Stocks on TipRanks) AMD Generates Healthy Growth AMD is a leading semiconductor company that operates with a fabless business model, which means that it designs chips that are then manufactured by foundries such as Taiwan Semiconductor (TSM). This business model is very asset-light, which is why capital expenditures are generally low, which translates into a strong free cash flow conversion rate.
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Advanced Micro Devices (NASDAQ:AMD)
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Advanced Micro Devices (NASDAQ:AMD)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Advanced Micro Devices Charts.