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Opinions Ian Fung
Advanced Micro DevicesAMDBUYFeb 21, 2020
Ian FungStock price when the opinion was issued
As of Jun 18, 2026. Market Open.
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It is important to watch the semi conductors. Nvdia is the champion in A.I. He owns both NVDA and AMD. Advanced Micro Devices has some interesting solutions and we should see some very interesting custom chips get built. People are likely to look at others beyond Nvdia. Tech is an important place to be but not the only place.
David BurrowsPE multiple is north of 1000. This means that if it maintained its earnings and revenue just where it is, it would take 1000 years to break even. Great example of how market's gotten ahead of itself. He'd buy NVDA or INTC instead, they have longer runways.
(Analysts’ price target is $135.00)
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Premium contentAdvanced Micro Devices, Inc., commonly abbreviated as AMD, is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets Social media mentions are up 150% in the past 24h.
Premium contentAI-driven tech
Nvidia and Microsoft are the obvious names in AI and both should be in portfolios, but AMD is a strong number-two behind Nvidia in the category of AI chips. AMD stock rose about half as far as the frontrunner in 2023, but in the last quarter AMD has been gaining momentum, up over 43.4% vs. NVDA's 14.8% and nearly 21% vs. 3.5% in December. Fundamentals and performance are sound. AMD beat its last four quarters. The company boasts that its new MI300X chip can outperform Nvidia's and targets $2 billion in sales in 2024.
Premium contentAdvanced Micro Devices, Inc., commonly abbreviated as AMD, is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets. Social media mentions are up 29% in the past 24h.
Buy both AMD and INTC along with your NVDA shares. NVDA's pretty well sold out into Q3 of 2024, so there's lots of demand. NVDA's going to have competition from these two. Impressed by INTC's CEO and promises on the foundry side, which should translate into accelerator chips and advanced packaging.
He still likes this company and thinks they are still in the early stages of them taking market share from Intel. He likes their moves into gaming and data centres. Pricing in semi-conductors seems to be stabilizing, which will continue to allow tail winds to continue. It will be a volatile stock, but over the long term it is a good investment.