Advanced Micro Devices Inc
AMD: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$778.00 | Fhnwtby | Cnmhbhvfv |
AMD: Shares Undervalued as It Takes a Piece of the AI Pie
We maintain our $130 fair value estimate, narrow moat rating, and Exemplary capital allocation rating for Advanced Micro Devices, as we continue to like the firm’s chances of carving out a decent position in the artificial intelligence accelerator chip market in the years ahead. With shares trading near $106, we view AMD's shares as undervalued.