According to Benzinga Pro, Advanced Micro Devices's peer group average for short interest as a percentage of float is 4.48%, which means the company has less short interest than most of its peers. Did you know that increasing short interest can actually be bullish for a stock? This post by Benzinga Money explains how you can profit from it.

Advanced Micro Devices is still trading at a fairly cheap price. According to our valuation, the intrinsic value for the stock is $232.43, which is above what the market is valuing the company at the moment.