How Mark Roussin, CPA’s view on $AMD changed

This leads me to AMD, Advanced Micro Devices. AMD has a unique position where it dominates the central processing unit (CPU) market, but the advantage here is not in outperforming Nvidia, but in narrowing the gap with it.

Doing so could lead to huge gains for investors.

If you recall, at the beginning of this month I posted a video titled "I'm investing $40,000 in this single stock." Well, that one stock was AMD. In that video, I shared with you an options trade I was entering, which was selling a put option for October 16 at a price of $370, which generated $350 for me per contract.

Today, you can repurchase that option for $60, which means that if you had decided to follow me and close the options trade, you would have made a profit of $290 per contract or an 83% profit margin on the trade.

I am preparing to invest nearly $40,000 into one stock. And it's a company I believe could be one of the biggest beneficiaries of the AI boom over the next several years.

For this company though, revenue is exploding. Its data center business, and that's going to give you a clue right there, just grew more than 100%. Its AI opportunity continues getting even bigger. And the company is not Nvidia.