Advanced Micro Devices, Inc. (NYSE:AMD)
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The Company is a global semiconductor company with facilities around the world. It provides processing solutions for the computing, graphics and consumer electronics markets.
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Call it a hunch.
AMD is desperate, hungry, determined, and did I mention desperate?
Although it hasn't reached rock-bottom yet its pretty close. It only has one way to go now, and that is up. With the right CEO (like Steve Jobs) and visionary long-term plans will see AMD a winner in the next 2-3 years.
I really believe this stock is undervalued.
I doubt that the world will let Intel have an almost monopoly control over the CPU market.
Meaning that I doubt people will let AMD go bankrupt and give Intel automatic monopoly. If things go bad, we will see AMD being taken over by a company that wants to rival Intel. It might very well be a Chinese company.
If a Chinese company does take over AMD I suggest selling your stocks when they are high enough at your own discretion. Chances are that they will take away AMD's IP and throw AMD away.
That's what a Chinese car company did to a Korean car manufacturer 'Ssangyong'.
Anyway, expect the stock price of AMD to recove significantly in 2-3 years.