$AMD: Long term trend is up
AMD is a leading chipmaker that provides processors for various applications of generative AI, such as ChatGPT, Bing, and Bard. Generative AI is a technology that can create new content based on existing data, such as text, code, images, and music. ChatGPT is a generative AI model that can write prose, code, and much more. It has been hailed as the most powerful and unpredictable technology of this generation. Generative AI has the potential to revolutionize and expand the creator economy by enabling new forms of expression and innovation. It can also improve efficiency and productivity in various sectors by automating tasks and generating insights. By adopting generative AI, chatgpt can transform the economy with higher efficiency, which allows economic growth despite slowing demographics long term. AMD benefits from this trend by providing high-performance chips that power generative AI applications and platforms.AMD seems ready to rally steadily from here, long term trend is up and we should participate on the upside with low risk entries like this one. Try to not miss out on this one.Best of luck!
Cheers,
Ivan Labrie.
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