Advanced Micro Devices, Inc. (AMD)
| Market Cap | 265.98B |
| Revenue (ttm) | 22.80B |
| Net Income (ttm) | 1.12B |
| Shares Out | 1.62B |
| EPS (ttm) | 0.69 |
| PE Ratio | 238.36 |
| Forward PE | 38.79 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 62,746,094 |
| Open | 168.43 |
| Previous Close | 162.62 |
| Day's Range | 162.32 - 169.72 |
| 52-Week Range | 93.12 - 227.30 |
| Beta | 1.66 |
| Analysts | Strong Buy |
| Price Target | 192.45 (+17.01%) |
| 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]
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 StatementsAnalyst 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 17.01% from the latest price.
News
Where AMD Stands Next to NVDA
Microsoft (MSFT) is to introduce AMD A.I. chips to its cloud computing customers.
AMD: Semiconductor & A.I. Trends to Watch
LikeFolio's Megan Brantley discusses the semiconductor and A.I. trends investors should be monitoring.
Microsoft adds AMD AI chips to cloud computing products
Microsoft (MSFT) announced it will begin offering Advanced Micro Device's (AMD) AI chips to cloud computing customers as an alternative to Nvidia's (NVDA) processors. Microsoft will be hosting its Bui...
Microsoft (MSFT) to Introduce AMD A.I. Chips to Cloud Computing Customers
It's reported that Microsoft (MSFT) is to introduce AMD A.I. chips to its cloud computing customers.
Microsoft Cloud to offer AMD AI chips as Nvidia alternative: Buy AMD stock?
Advanced Micro Devices, Inc. (NASDAQ:AMD) has been a notable player in the semiconductor industry, often viewed as a formidable competitor to larger counterparts like Nvidia. Recent developments, howe...
Microsoft offers cloud customers AMD alternative to Nvidia AI processors
Microsoft said on Thursday it plans to offer its cloud computing customers a platform of AMD artificial intelligence chips that will compete with components made by Nvidia , with details to be given a...
AMD supplants Nvidia as this analyst's top chip stock — but he still likes both
To be sure, Wolfe analyst Chris Caso still likes shares of Nvidia NVDA, +0.37% plenty, but he's now making “a tactical shift in priority” by adding Advanced Micro Devices Inc.'s AMD, +4.50% stock to W...
Wolfe analysts now favour AMD stock over Nvidia: here's why
Analysts at Wolfe Research just replaced Nvidia Corp (NASDAQ: NVDA) with Advanced Micro Devices Inc (NASDAQ: AMD) on their list of top stocks for 2024.
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:
Bullish on CSCO, AMD, AMZN
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Streaking stocks: The Committee discusses their win streak stocks
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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.
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 ...
AMD vs Other Semiconductor Stocks
LikeFolio's Megan Brantley looks at AMD (AMD) versus other semiconductor stocks. She discusses A.I.
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.
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.
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...
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.
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.
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...
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.
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 ...
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.
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.
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.