What Analysts Think of AMD Stock Ahead of Earnings

Key TakeawaysAdvanced Micro Devices is set to report fourth-quarter earnings after the closing bell Tuesday.Its stock has taken a hit, losing over a third of its value in the past 12 months amid concerns about the company's outlook and ability to compete with Nvidia's offerings.However, analysts are more bullish than bearish on the stock, and suggested AMD could continue to benefit from strong spending on AI along with rivals. Advanced Micro Devices (AMD) is set to report its fourth-quarter results after th ...