$AMD(AMD.US) has a profit ratio of only 6%, indicating that most people added positions at high levels and did not engage in value investing at all. Instead, speculation is severe. No wonder the main players ran faster than rabbits, and the stock price began to plummet. AMD is severely overvalued, with a market cap similar to Intel's. This suggests the stock price could halve. If other semiconductor companies rise, AMD will become a bottom-tier company, and even $20 would be an overvaluation.
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