Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) have experienced significant volatility in recent months. After soaring to above $220 per share in March this year, the stock has tumbled to below $150 and now trades at $160. The semiconductor giant, renowned for its innovative prowess and competitive edge, faces both opportunities and challenges as it navigates through a rapidly evolving market landscape. Recent product launchesRecently, the company unveiled a series of new products and advancements at the Computex 2024 show. These include the AMD Instinct MI325X accelerator and the upcomin…