Advanced Micro Devices is a promising company in the semiconductor industry, with its price recently pushed down amid the overall market’s pullback. The...
Advanced Micro Devices is a promising company in the semiconductor industry, with its price recently pushed down amid the overall market’s pullback. The company has also warned that the coming quarter’s results will be disappointing. If you can stomach the turbulence and plan to hold your shares for a few years, this is a tech stock to consider buying.
The semiconductor industry is undergoing rapid change and expansion right now. Estimates point toward global chip demand reaching $1 trillion a year by 2030, more than 60% higher than global sales today. There’s volatility ahead, but over the long run, AMD could prosper. The Fool responds:hold: Instead of just buying and blindly holding, you buy while planning to hold as long as the company remains healthy with great growth prospects.
Fidelity has estimated that a 65-year-old couple retiring in 2022 will spend, on average, around $315,000 on health care expenses in retirement. Yikes! And that doesn’t even include over-the-counter medications, most dental services or long-term care.
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