Benzinga | Dec 17, 2021 09:43AM EST

Here's How Much $1000 Invested In Advanced Micro Devices 20 Years Ago Would Be Worth Today

Advanced Micro Devices (NASDAQ:AMD) has outperformed the market over the past 20 years by 4.24% on an annualized basis.

Buying $1,000 In AMD: 20 years ago, an investor could have purchased 64.27 shares of Advanced Micro Devices at the time with $1,000. This investment in AMD would have produced an average annual return of 11.46%. Currently, Advanced Micro Devices has a market capitalization of $167.42 billion.

Advanced Micro Devices's Share Price Over Last 20 Years

If you had invested $1,000 in Advanced Micro Devices you would have approximately $8,792.42 today.

In other words, you would have more than 8X'd your money.

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.