# AMD Stock Analysis: AI-Driven Growth and Market Position in 2024
Discover the latest insights on AMD's stock performance as it trades at $166.47, showing recovery from recent lows while still below its March 2023 peak. This episode explores AMD's impressive 36% year-over-year revenue growth to $7.44 billion, with EPS of $0.96 exceeding analyst expectations.
We dive into AMD's strengthening position in the AI infrastructure market as Nvidia's primary challenger, analyzing how the data center segment is driving significant revenue gains. Learn why major Wall Street firms have raised price targets to the $140-$175 range, with most maintaining buy or strong buy ratings.
The podcast also examines AMD's recently announced $6 billion share buyback program (representing over 3% of outstanding shares) and what this signals about management's confidence in long-term value. With another earnings report approaching and projected revenue growth from MI300 series adoption among AI customers, find out why AMD remains a top stock to watch despite competitive threats from Nvidia and Arm.
Perfect for investors tracking the semiconductor industry, AI market developments, and tech stock opportunities in 2024.
For more http://www.quietplease.ai
Stock up on these deals
https://amzn.to/3QFpYIX
This content was created in partnership and with the help of Artificial Intelligence AI