Prediction: 2 Stocks That Will Be Worth More Than AMD 2 Years From Now
Arm and Micron could eclipse AMD's market cap by 2027.
Advanced Micro Devices' (NASDAQ: AMD) stock surged 3,240% over the past 10 years. The underdog chipmaker once struggled against Intel and Nvidia, respectively, in the x86 CPU and discrete GPU markets, but it turned around its business under Lisa Su, who took the helm as its CEO in 2014.
Su drove AMD to redesign its PC CPUs, sell more custom accelerated processing units for gaming consoles, and keep pace with Nvidia with cheaper GPUs. It also rolled out high-end CPUs and GPUs for AI-oriented data centers.
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