Should You Buy AMD Stock Before July 30?Should You Buy AMD Stock Before July 30? The Motley Fool Advanced Micro Devices (AMD) is set to release its second-quarter earnings report on July 30, and investors are wondering whether they should buy the stock before the results are announced. There are a few reasons to be optimistic about AMD’s upcoming earnings report. First, the company has been reporting strong growth in its core businesses, including data center, gaming, and client computing. In the first quarter, AMD reported revenue growth of 33% year over year, driven by strong demand for its Ryzen processors and Radeon graphics cards. Second, AMD is benefiting from the ongoing global chip shortage. The shortage has made it difficult for AMD’s competitors to produce enough chips to meet demand, which has given AMD an opportunity to gain market share. Finally, AMD is expected to benefit from the launch of new products in the second half of 2022. The company is scheduled to launch its next-generation Ryzen processors and Radeon graphics cards in the coming months, which could provide a further boost to its revenue and earnings. However, there are also some risks to consider before buying AMD stock. First, the global chip shortage could eventually ease, which could slow AMD’s growth. Second, the company faces competition from Intel, Nvidia, and other chipmakers, which could limit its ability to gain market share. Overall, there are both risks and rewards to consider before buying AMD stock before July 30. Investors should weigh the potential benefits and risks carefully before making a decision. Source: [Should You Buy AMD Stock Before July 30?](https://www.fool.com/investing/2022/07/25/should-you-buy-amd-stock-before-july-30/)
Should You Buy AMD Stock Before July 30?The Motley Fool
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