Pavel Byrkin Investment thesis Being one of the major players in semiconductor industry, Advanced Micro Devices (NASDAQ: AMD ) is well positioned to absorb significant part of growing demand for high-performance graphics and computing products. In recent years, the management demonstrated its ability of improving cash flows and diversifying company’s business by strategic acquisitions . All in all ,the company has firm market position and experienced management with strong track record of innovation together with solid financials which makes it an attractive investment opportunity. Although we are currently experiencing challenging macro environment, my valuation model outcomes suggest an immense upside potential in the long-run, which by far outweighs possible risks. Company information AMD is one of the leading semiconductor companies which designs and manufactures computing and graphic high-performance hardware. The company is a top player in graphic processors [GPU] after acquisition of ATI in 2008. As part of AMD’s growth strategy the company is benefiting from integration with Xilinx, which was acquired in 2021 , and enables AMD to expand its presence in embedded computing and data center segments. The company’s revenue comprises of four segments: Data Center, Client, Gaming and Embedded. Author’s calculations Financials – growth has been […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
