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Why AMD and Intel Stock Could Soar in 2023

Why AMD and Intel Stock Could Soar in 2023

After two record years of sales during the work-from-home spending boom, PC and laptop sales are down in the dumps. Consumer electronics inventory was high just as households started to pare back on computer spending last year, partly because many had already upgraded their equipment early in the pandemic, but also due to high inflation eating into discretionary spending budgets.