Key Points – Advanced Micro Devices is taking market share from Intel at a good rate.- AMD’s product roadmap shows that you’re going to grow in the PC and data center markets.- AMD shares are currently attractive from a valuation perspective.Chipmakers are ignoring the sluggish PC market.The semiconductor industry has enjoyed great growth in recent years thanks to a surge in chip demand in various fields such as data centers, PCs, smartphones, factories, and vehicles.According to IDC, the semiconductor industry generated $582 billion in sales last year. Industry sales are expected to rise 13.7% to $661 billion in 2022. However, Wall Street is concerned about the strength of the semiconductor industry following terrible reports from companies like #Nvidia and #MicronTechnology.However, Advanced Micro Devices (#AMD 0.26%) is one of the semiconductor stocks that can continue to thrive in the wider marketplace despite the downturn. Let’s see why that happens.Chipmakers are ignoring the sluggish PC market.The semiconductor industry has enjoyed great growth in recent years thanks to a surge in chip demand in various fields such as data centers, PCs, smartphones, factories, and vehicles.According to IDC, the semiconductor industry generated $582 billion in sales last year. Industry sales are expected to rise 13.7% to $661 billion in 2022. However, Wall Street is concerned about the strength of the semiconductor industry following terrible reports from companies like #Nvidia and #MicronTechnology.However, Advanced Micro Devices (#AMD 0.26%) is one of the semiconductor stocks that can continue to thrive in the wider marketplace despite the downturn. Let’s see why that happens.Why AMD is a Surefire Semiconductor Stock to Buy Now|Motley Fool chipmaker resists PC downturn market.www.fool.comWhy AMD is a Surefire Semiconductor Stock to Buy Now|Motley Fool chipmaker resists PC downturn market.www.fool.comWhy AMD is a Surefire Semiconductor Stock to Buy Now|Motley Fool chipmaker resists PC downturn market.www.fool.com
