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Is AMD Stock a Buy Now?

Is AMD Stock a Buy Now?

A quick glance at the iShares Semiconductor ETF, which has lost 40% of its value this year, shows the extent of the damage. Shifting consumer spending patterns are leading to lower demand for chips used in personal computers and electronics, while supply chain disruptions are making it difficult to produce enough of the products that remain in high demand. Advanced Micro Devices (NASDAQ: AMD) hasn't been spared from the wreckage.