Will Advanced Micro Devices Stock Double From Here?

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Barchart

The technology sector has been abuzz with the artificial intelligence (AI) revolution for over a year. What started with the massive widespread explosion of Microsoft (MSFT)-backed generative AI company OpenAI, parent of ChatGPT, in November 2022 has snowballed into a technological zeitgeist. So, as forecasts for generative AI remain upbeat for the upcoming years, the companies that create the architecture on which AI is based are also thriving. Notably, semiconductor chips remain a critical component that underlies any stable AI system. In fact, according to a report by the Semiconductor Indu…

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