"AI's Impact on AMD Stock and Semiconductor Sector Growth"

Chris Danely, Citi's head of US Semiconductor Research, believes that the AI sector still has room for growth despite concerns of a potential bubble forming. He is bullish on semiconductors and sees memory, specifically DRAM, as the next catalyst for the AI market. Danely's top pick within the sector is Micron. He compares the current AI trend to the expansion of the semiconductor market during the advent of the internet, and while he acknowledges the cyclical nature of semiconductors, he does not see an end in sight for the current AI boom.