Is AMD Stock a Buy Now? 🤷🏼♂️ AMD Stock Analysis
⚠️👉Join the squad!: / firedupwealth Is AMD stock a buy now? How does AMD's recent acquisition of Xilinx impact the future of the company? AMD is a metaverse stock to buy now. Advanced Micro Devices (AMD stock) recently finalized its acquisition of Xilinx, and shares are down nearly 35% from recent all-time highs of $164.46. The stock market has been spooked so far in 2022 due to inflation, interest rates, and geopolitical risks. I believe there are many attractive stocks at these levels for long-term investors, and I'm going to explain why AMD is one of those diamonds in the rough.
The acquisition of Xilinx does several things for AMD, most importantly expanding its footprint into data center, cloud computing, and metaverse. The global data center market is expected to grow to $519 billion by 2025, a compound annual growth rate (CAGR) of 21%, and I believe AMD is well positioned to capture a decent portion of this growth. In fact, AMD recently announced a partnership with Meta Platforms (NASDAQ: FB), formerly known as Facebook, to help run its data centers to power the metaverse.
This video provides AMD stock analysis, including bullish and bearish items to consider. Additionally, opinions are provided on the stock price and the long-term prospects of the business. Please watch and don't forget to subscribe to the channel.
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Disclaimer:
I have been investing in the stock market for over 20 years, but I am not a financial advisor or a legal professional, and I am not providing financial or legal advice. The information provided is for informational purposes only. It should not be considered legal or financial advice. FIRED Up Wealth & Eric Cuka do not make any guarantee or other promise as to any results that may be obtained from using our content. No one should make any investment decision without first consulting his or her own financial advisor and conducting his or her own research and due diligence. Past performance is no guarantee of future results.
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