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Why did AMD stock fall?

AMD stock fell recently after management announced job cuts in areas it is de-emphasizing to shift resources toward its AI-related businesses. With its price drop, the forward P/E is now below Nvidia's.

Why is AMD doubling down on AI acquisitions?

As CEO Lisa Su indicated, this AI demand is expected to last years, which is why her company is doubling down on its acquisitions. It bought Silo AI in August to help customers integrate AMD hardware into their AI tech, and plans to acquire ZT Systems, an expert at implementing AI-related infrastructure.

Is AMD a good long-term investment?

Third-quarter net income was up 158% year over year to $771 million. This raised diluted earnings per share (EPS) to $0.47, a 161% jump from the prior year. With AI demand showing no sign of slowing down, and considering AMD's growing strength in capturing its share of this market, the company is a great long-term investment.

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