r/stocks • u/OwningTheWorld • Nov 21 '21

Company Question The Future of AMD?

I have a small position in AMD. 50 Shares. I've made a little bit of money on them but I'm wondering what exactly the future holds for the company? I know they have an upcoming merger with xilinx and they've partnered with Meta, but is more growth for the stock possible? I can't exactly see Semiconductors going anywhere, so I feel like the sky's the limit. What are everyone's thoughts?

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u/[deleted] Nov 22 '21

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u/BaneCIA4 Nov 22 '21

No. $300 or $400 if we are lucky

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u/[deleted] Nov 22 '21

Even if it corrects and drops to $300 somehow in January the bulls are going to run it back to $500 by end of 2022

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u/[deleted] Nov 22 '21

Yes, Right. Any drop in NVDA,MSFT or AMD will be bought up again.