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flag AMD's shares fell this year, but its data center business grew 122%, suggesting it may be undervalued.

flag Despite AMD's 19% drop in share price this year, compared to Nvidia's 172% rise, AMD's data center business has grown strongly, up 122% year-over-year. flag AMD plans new GPU releases and is gaining market share with customers like Microsoft and Meta. flag With a PEG ratio of 0.31 and a forward P/E of 24, analysts suggest AMD may be undervalued, presenting a good long-term investment opportunity.

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