Advanced Micro Devices: A Contrarian Bet for the AI Computing Race

A steep decline in the share price of Advanced Micro Devices (AMD) has unsettled many investors, fueling widespread debate. However, a fresh analysis is challenging the prevailing pessimism. A leading investment bank has now designated the semiconductor giant as its top investment idea for 2026. This raises a critical question for the market: is this a prime buying opportunity or merely speculative optimism?

Market experts at TD Cowen have made a definitive call. Despite recent share price weakness, they reaffirm their “Buy” rating and identify AMD as their foremost recommendation for the coming year. Analyst Joshua Buchalter contends the stock has been “unfairly penalized” relative to the broader semiconductor sector. While Read more...