AMD: David And Goliath All Over Again

AMD (NASDAQ:AMD) shares have skyrocketed a stunning 134% in the last year, 48% YTD, and 595% in the last five years. When Lisa Su, AMD's current CEO took over the company in October of 2014, the company was on the verge of bankruptcy, had no product roadmap to combat larger Intel (NASDAQ:INTC) and Nvidia (NASDAQ:NVDA), and was reliant on Intel to stay afloat. In October of 2014, AMD shares traded at ~$3. Since then, AMD shares have done this:

The company has transitioned itself out of near bankruptcy, and has focused on investing in strong growth opportunities and quality products. Such moves included investing into their Radeon GPU segment, and creating a whole new "Zen" CPU architecture to compete with Intel's high performance offerings.

Original source
https://seekingalpha.com/article/4265254-amd-david-goliath?source=feed_all_articles

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