With that said, there is no guarantee that AMD will post market-beating growth over the next three years. Generative AI remains speculative and largely unprofitable. And there are early signs that big players like Microsoft may be reducing their involvement. AMD stock looks like a hold until more information becomes available.

Advanced Micro Devices (NASDAQ:AMD) stock has been on a rough ride, plunging 53% over the past 12 months and dropping below the $100 mark for