Is Advanced Micro (AMD) a good stock to buy in 2023?

Amazon (NASDAQ: AMZN) and Advanced Micro Devices (NASDAQ: AMD) are two growing companies that are soundly beating the market in 2023. Amazon is already up 23%, while Advanced Micro Devices is up 32%. Wall Street Analysts See Advanced Micro (AMD) as a Buy: Should You Invest?

What is the AMD stock price range?

And as long as the lower edges continue to hold, then the AMD bears will have a hard time taking control of the price action.Short term there are important levels to note. For the last few weeks, AMD stock price range is between $27.50 and $34 per share.

Is Advanced Micro Devices (AMD) eating away Intel's dominance?

Advanced Micro Devices (AMD) has gone from strength to strength in recent years. While the company has become a giant in the semiconductor industry, it has also been incrementally eating away at its traditionally much bigger rival Intel’s dominance.

What happened to AMD in 2017?

2017 was a pivotal year for Advanced Micro Devices (NASDAQ: AMD). After years of shipping inferior CPUs and losing badly to rival Intel (NASDAQ: INTC), the company launched the first iteration of its blockbuster Ryzen chips.