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AMD: A Pause Before The Real AI Ramp

The excitement over AI chips had Advanced Micro Devices, Inc. (NASDAQ:AMD) trading back to $130 heading into the Data Center and AI event on June 13. The stock swooned following the event, with the chip company notinvestment thesisNVDA

Finviz Chart

Source: Finviz

TAM slide

Source: AMD Data Center & AI presentation

MI300 review

Source: SemiAnalysis

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