Shares of the semiconductor giant Advanced Micro Devices (NASDAQ: AMD) have lost substantial value this year. For instance, AMD stock has dropped over 43% year-to-date on fears of a slowdown in the end market amid economic reopening, supply constraints, and lockdown in China.  Now What? While AMD stock has declined quite a lot, the fear of a slowdown in demand hasn’t played out yet. AMD continues to deliver robust revenue growth on the back of solid demand trends. During the last reported quarter, each of AMD’s businesses registered double-digit growth. Moreover, at its analyst day, the company reiterated its full-year guidance, citing ongoing strength in its business.
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Advanced Micro Devices (NASDAQ:AMD)
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