Should You Forget AMD and Buy 2 Tech Stocks Instead?

AMD was once a hot chipmaker, but it lost nearly 40% of its value over the past 12 months. It lost its momentum as its sluggish sales of gaming chips partly offset its stronger sales of PC and data center chips, and investors started to question the long-term growth potential of its closely watched artificial intelligence (AI) accelerators.AMD's data center revenue still surged 69% year over year in the fourth quarter of 2024, but that marked a significant slowdown from its 122% growth in the third quarter and 80% growth in the second quarter. That deceleration dampened the bullish hopes that AMD would loosen Nvidia's iron grip on the AI market with its cheaper AI accelerators. In the PC market, AMD's share of the discrete GPU market also shrank against Nvidia's.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool