AMD shares climbed again Wednesday amid optimism about the company's plans to restart exports of its MI308 chips to China.

Micron and Advanced Micro Devices trade over 50% below their average price targets. Investors might want to buy the tech stocks in 2025 and hold for long-term artificial intelligence (AI) growth.

Advanced Micro Devices ... it's also a significant discount to AMD's 5-year average PEG valuation of 1.47. ... AMD stock is priced at 11.05 times forward sales, ...

That's a 17% discount to Nvidia's P/E ratio of 47.1, which implies AMD stock is cheap relative to its AI rival. The picture looks even better on a forward basis.

In other recent news, Advanced Micro Devices (AMD) has been the focus of various analysts' reports. Cantor Fitzgerald maintained an Overweight rating on AMD stock with a target price of $135.

Expectations are rising that AI chip sales in 2024 will come in considerably higher than management’s own forecasts. As I’ve pointed out in past coverage of AMD stock, CEO Lisa Su has ...

Advanced Micro Devices stock (NASDAQ: AMD) gained close to 6% in Thursday’s trading and also remains up 6% year-to-date.

This has been a rough year for Advanced Micro Devices (NASDAQ: AMD) investors so far, with shares of the chipmaker declining 18% in 2025, as of this writing, but the company's latest quarterly ...