AMD (NASDAQ: AMD) mounted a stunning comeback over the past 18 months, surging from less than $2 a share last February to about $13 today. The chipmaker repeatedly defied the bears -- who claimed that it would be crushed between Intel (NASDAQ: INTC) and NVIDIA (NASDAQ: NVDA) -- by pivoting toward SoCs for gaming consoles and launching new CPUs and GPUs that addressed previous shortcomings.However, AMD's rally came to a halt in late July, even after its second quarter revenue and earnings crushed analyst estimates.
Comment on Why AMD's Stock Growth is No Sure Thing
newsfeedback@fool.com (Leo Sun), The Motley Fool
Sat, 08/19/2017 - 2:00pm
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