Oracle Recently Delivered Incredible News for Advanced Micro Devices (AMD) Stock Investors

Advanced Micro Devices (NASDAQ: AMD) is one of the world's leading suppliers of chips for data centers, personal computers, and even cars. The data center business is the company's main focus right now, as it tries to compete with Nvidia in the market for graphics processing units (GPUs), which are used to develop artificial intelligence (AI).AMD has won several of Nvidia's top customers since launching its first AI GPU, Instinct MI300 series, in late 2023, and it continues to release new versions with more processing power. Last month, data center giant Oracle announced it placed a large, multibillion-dollar order for one of AMD's upcoming GPUs, which hasn't even hit the market yet. AMD's data center business is coming off a record year in 2024, and 2025 is shaping up to be even better. Its stock currently looks like a great value, so here's why now might be an excellent time to buy.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool