Should You Buy the Dip on AMD's Stock Down 50% From Its All-Time High?

History seems to be repeating itself for Advanced Micro Devices (NASDAQ: AMD). In the early 2000s, it was said that Intel let AMD survive only so that Intel wouldn't be considered a monopoly in the PC processor market. Over the past decade, AMD eventually fought back and now compares favorably to Intel, but that hasn't done much for shareholders lately.Now, AMD looks to be losing the artificial intelligence (AI) race to Nvidia. AMD is only seen as an alternative, rather than the go-to provider for graphics processing units (GPUs) to power these massive workloads. AMD's failure to capitalize on this market (so far) has sunk its stock nearly 50% from its all-time high established in March 2024. However, it's not like AMD has completely missed out on all this growth, and many investors may wonder if this is their opportunity to scoop up shares on the cheap. Let's find out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool