Advanced Micro Devices, Inc. (AMD)

NASDAQ: AMD · IEX Real-Time Price · USD
153.16
+2.60 (1.73%)
At close: May 14, 2024, 4:00 PM
153.40
+0.24 (0.16%)
After-hours: May 14, 2024, 7:59 PM EDT
1.73%
Market Cap 247.55B
Revenue (ttm) 22.80B
Net Income (ttm) 1.12B
Shares Out 1.62B
EPS (ttm) 0.69
PE Ratio 221.97
Forward PE 36.12
Dividend n/a
Ex-Dividend Date n/a
Volume 31,698,568
Open 150.43
Previous Close 150.56
Day's Range 148.78 - 153.49
52-Week Range 93.12 - 227.30
Beta 1.66
Analysts Strong Buy
Price Target 192.45 (+25.65%)
Earnings Date Apr 30, 2024

About AMD

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products. It provides processors ... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Sep 27, 1972
Employees 26,000
Stock Exchange NASDAQ
Ticker Symbol AMD
Full Company Profile

Financial Performance

In 2023, AMD's revenue was $22.68 billion, a decrease of -3.90% compared to the previous year's $23.60 billion. Earnings were $854.00 million, a decrease of -35.30%.

Financial Statements

Analyst Forecast

According to 31 analysts, the average rating for AMD stock is "Strong Buy." The 12-month stock price forecast is $192.45, which is an increase of 25.65% from the latest price.

Price Target
$192.45
(25.65% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

AMD Announces Upcoming Events for the Financial Community

SANTA CLARA, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQ: AMD) announced the following events for the financial community:

7 hours ago - GlobeNewsWire

Bullish on CSCO, AMD, AMZN

Cisco Systems (CSCO), AMD (AMD), and Amazon (AMZN) are today's big three stocks. Joe Tigay and Ben Lichtenstein discuss the technical trends, as well as how to trade these names.

Other symbols: AMZNCSCO
8 hours ago - Schwab Network

Streaking stocks: The Committee discusses their win streak stocks

The Investment Committee gives you their strategy on some of their win-streak stocks.

Other symbols: ACGLDMKL
1 day ago - CNBC Television

Nvidia Stock Will Lift These Other AI Chip Makers, Says Analyst

Jefferies analysts are upbeat on the artificial-intelligence outlook for Astera Labs, Marvell, Broadcom, and AMD, along with top pick Nvidia.

Other symbols: NVDAALABAVGOMRVL
1 day ago - Barrons

AMD Remains the Partner of Choice for World's Fastest and Most Efficient High Performance Computing Deployments

— 156 of the Top500 supercomputers are powered by AMD, a 29 percent year-over-year increase — — New AMD Alveo V80 compute accelerator card targeting HPC and compute-intensive workloads, with up to 2X ...

1 day ago - GlobeNewsWire

AMD vs Other Semiconductor Stocks

LikeFolio's Megan Brantley looks at AMD (AMD) versus other semiconductor stocks. She discusses A.I.

4 days ago - Schwab Network

Amazon, Taiwan Semi, AMD, Micron, and Other Tech Stocks in Focus Today

Th sector looks set to end the week with a flourish as its solid May gathered momentum Friday.

Other symbols: AMZNMUTSM
4 days ago - Barrons

AMD gained share in key processor categories in Q1 | Mercury Research

AMD gained market share in the x86 processor market in client and server categories, according to market researcher Mercury Research.

5 days ago - VentureBeat

AMD Receives IEEE 2024 Corporate Innovation Award for Leadership in Chiplet Design for High-Performance and Adaptive Computing

SANTA CLARA, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) received the prestigious 2024 Corporate Innovation Award from the Institute of Electrical and Electronics Engineers (IEEE) durin...

6 days ago - GlobeNewsWire

NVDA vs AMD: A.I. & Innovation

Nvidia (NVDA) gets the glory, but AMD is still being slept on, notes Ryan Patel. He discusses A.I.

Other symbols: NVDA
7 days ago - Schwab Network

Red Hat and AMD Collaborate to Advance AI Solutions and Empower Enterprises for the Cognitive Era

DENVER – RED HAT SUMMIT 2024--(BUSINESS WIRE)--Red Hat and AMD to expand customer choice in building, deploying and managing AI workloads with AMD GPUs on Red Hat OpenShift AI.

7 days ago - Business Wire

Optiver Chooses AMD Enterprise Portfolio to Power its Data Center Modernization, Enabling New Era of Compute and AI

Optiver utilizes high-performance AMD solutions including EPYC CPUs, Solarflare Ethernet adapters, Virtex FPGAs and Alveo Accelerators Optiver utilizes high-performance AMD solutions including EPYC CP...

7 days ago - GlobeNewsWire

Amazon, AMD, Snowflake, Datadog, and Other Tech Stocks in Focus Today

The sector is struggling to keep recent momentum going early Tuesday amid disappointing earnings reports.

Other symbols: AMZNDDOGSNOW
7 days ago - Barrons

Important Advances in Oxurion's R&D Program on Geographic Atrophy secondary to AMD

` Important Advances in Oxurion's R&D Program on Geographic Atrophy secondary to AMD Leuven, BELGIUM – May 6, 2024 – 6:00 PM CET, Oxurion NV (Euronext Brussels: OXUR), an innovative biopharmaceutical ...

8 days ago - GlobeNewsWire

Nvidia Stock Rises. Why AMD Might Be a More Tempting AI Chip Bet.

Advanced Micro Devices could benefit from a shift in AI chip demand away from training, according to Melius Research.

Other symbols: NVDA
8 days ago - Barrons

AMD, MicroStrategy, Meta, Marathon Digital, and Other Tech Stocks in Focus Today

Tech stocks were looking to build on the strong end to last week, edging higher early Monday. Crypto-exposed stocks enjoyed strong gains as Bitcoin's rebound continued.

Other symbols: MARAMETAMSTR
8 days ago - Barrons

5 best blue chip stocks to invest in for sustainable gains in May – excluding Apple Inc. (AAPL)

Yesterday, the biggest company in the world in terms of market cap reported its latest earnings. But Apple Inc. is far from the only blue chip stock around.

Other symbols: AAPLGOOGGOOGLGSKNVDA
11 days ago - Invezz

Semiconductor Stocks Pop After Fed Meeting And Strong Numbers From This Chip-Maker - Intel (NASDAQ:INTC), Advanced Micro Devices (NASDAQ:AMD)

Semiconductor stocks were up on Thursday after largely having slipped this last month. Nvidia NVDA was up over 2.0% at the time of writing.

Other symbols: INTC
12 days ago - Benzinga

How Is AMD's Fledgling AI Business Doing?

Advanced Micro Devices stock (NASDAQ NASDAQ : AMD) recently published its Q1 2024 results which were slightly better than expected. While net income came in at $123 million compared to a net loss in t...

12 days ago - Forbes

Microsoft, AMD, SoFI, Amazon, and Other Tech Stocks in Focus Today

Tech stocks launched a comeback early Thursday as the sector was seemingly buoyed by Federal Reserve Chairman Jerome Powell's comments.

Other symbols: AMZNMSFTSOFI
12 days ago - Barrons

Highly ranked manager who bet on Mag 7 giants looks to these second-order winners from AI

Large-cap growth funds have been in the sweet spot for a few years now, thanks to megacap tech holdings.

12 days ago - Market Watch

AMD is the latest company to show that AI is an expensive proposition

Artificial intelligence is expensive for the companies buying AI chips, and it's expensive for the companies making them, too.

13 days ago - Market Watch

Chart of the Day: AMD

AMD is tumbling along with some other AI chip names. The Investment Committee debates the chip stocks.

13 days ago - CNBC Television

AMD & SMCI Tumble After Earnings

AMD (AMD) falls despite an earnings beat. Jenny Horne discusses this as AMD and SuperMicro (SMCI) say that the supply chain is dampening some of their growth efforts.

Other symbols: SMCI
13 days ago - Schwab Network

Is AMD stock worth buying after Q1 earnings?

A post-earnings dip in Advanced Micro Devices Inc (NASDAQ: AMD) is an opportunity to buy a quality name at a discount, says a Barclays analyst. AMD stock is well positioned after Q1 earnings Shares of...

13 days ago - Invezz