Advanced Micro Devices, Inc. (AMD)
| Market Cap | 226.27B |
| Revenue (ttm) | 22.80B |
| Net Income (ttm) | 1.12B |
| Shares Out | 1.62B |
| EPS (ttm) | 0.69 |
| PE Ratio | 202.88 |
| Forward PE | 34.58 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 48,426,738 |
| Open | 140.32 |
| Previous Close | 138.32 |
| Day's Range | 138.27 - 141.29 |
| 52-Week Range | 93.12 - 227.30 |
| Beta | 1.68 |
| Analysts | Strong Buy |
| Price Target | 200.04 (+42.9%) |
| Earnings Date | Jul 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 28 analysts, the average rating for AMD stock is "Strong Buy." The 12-month stock price forecast is $200.04, which is an increase of 42.90% from the latest price.
News
What You Need To Know Ahead of AMD's Earnings Report
UPDATE—July 26, 2024: This article has been updated to reflect more recent analyst estimates and share price information.
Bernstein's Rasgon on AMD earnings: AI story is all that matters to investors
Stacy Rasgon, Bernstein, joins 'Fast Money' to talk what to expect from tech earnings next week.
AMD is likely to boost its AI revenue outlook. Can that help its sagging stock?
AI revenue expectations for the year are already higher than AMD's prior guidance, an analyst noted
AMD's AI Chip Sales May Be Strong, but Analyst Notes the Risks
Advanced Micro Devices will sell more artificial-intelligence chips than expected this year, says Susquehanna.
AMD Is Positioned for Growth Amid AI Revolution
It has been over a year since the generative artificial intelligence craze took off, triggering a spike in the share prices of semiconductor companies whose GPUs feed into that market. The most promin...
AMD Stock Turns Negative Year-to-Date, CEO Lisa Su Meets With Tesla: What Investors Should Know
Semiconductor stock Advanced Micro Devices AMD was among the technology stocks that fell Wednesday on the heels of earnings reports from Tesla Inc TSLA and Alphabet being dissected by investors.
What You Need To Know Ahead of AMD's Earnings Report
Advanced Micro Devices (AMD) is set to report second-quarter earnings after the bell Tuesday, with investors likely watching for record data center growth and strong guidance amid the artificial intel...
Will AI Surge And Strong PC Sales Drive A Q2 Beat For AMD Stock?
Advanced Micro Devices stock (NASDAQ: AMD) is expected to publish its Q2 FY'24 results toward the end of July, reporting on a quarter that is likely to see the company benefit from an improving PC mar...
AMD President Victor Peng to Retire
SANTA CLARA, Calif., July 22, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced that AMD President Victor Peng is retiring effective August 30, 2024. He will continue to serve on the AMD exec...
Samsung Electro-Mechanics Collaborates with AMD to Supply High-Performance Substrates for Hyperscale Data Center Computing
Joint effort enhances the performance and reliability of next-generation data centers with cutting-edge substrate technology SEOUL, South Korea , July 22, 2024 /PRNewswire/ -- Samsung Electro-Mechanic...
Three buys and a bail: Microsoft, AMD, Caterpillar, & Enphase
Danielle Shay, VP of options at Simplr Trading, joins CNBC's 'The Exchange' to discuss four stocks: Microsoft, AMD, Caterpillar, and Enphase Energy.
Tracking chipmakers after sell-off
CNBC's Seema Mody joins 'Squawk on the Street' to discuss strategists weigh in on the market sell-off in semiconductors.
Why Nvidia, AMD shares are rebounding after chip sector's worst drop since 2020
Prominent chip stocks look primed to rebound Thursday after the sector's worst daily drop since 2020.
ASML, Nvidia, and AMD Suffered Big Selloffs. How Chip Stocks Are Trading Today.
Chip stocks reeled Wednesday after a double political threat led to the sector's worst day since the start of the pandemic.
S&P 500 Gains and Losses Today: Chip Stocks Fall on Possible Export Restrictions
Tech stocks, and particularly shares of semiconductor firms, have played a key role in driving major U.S. equities indexes to record highs, but the tides changed on Wednesday.
Chip stocks tumble on fears of tighter US curbs on sales to China
Shares of chipmakers fell more than 4% before the bell on Wednesday amid reports of possible tighter restrictions on supply of advanced technology to key market China and comments on Taiwan from Repub...
AMD to Report Fiscal Second Quarter 2024 Financial Results
SANTA CLARA, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) announced today that it will report fiscal second quarter 2024 financial results on Tuesday, July 30, 2024, after the close of ...
NexThera Files IND Application for Phase 1/2a Clinical Trial of NT-101 Eye Drop for Wet AMD
BUSAN, South Korea--(BUSINESS WIRE)-- #BiopharmaceuticalCompany--NexThera submits an IND application for a clinical trial of NT-101 eye drop for Wet AMD, a leading cause of blindness in the elderly.
Why AMD's stock finally faces an attractive setup after a volatile run
Sentiment around shares of Advanced Micro Devices Inc. “has moved (up and down) much more than fundamentals” over the past nine months, according to a TD Cowen analyst.
This Analyst With 87% Accuracy Rate Sees More Than 12% Upside In AMD - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
U.S. stocks closed higher on Friday, with the Dow Jones index topping the key 40,000 mark during the session. The 30-stock blue-chip index gained around 1.6% last week.
AMD stock price to benefit from Nvidia's $50 trillion forecast
AMD (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA) stock prices have decoupled this year. Nvidia has gone bonkers and surged by over 160% this year, reaching a $3 trillion valuation while AMD has risen by ju...
Why AMD's stock has been on a recent tear — and how it can keep cruising
Advanced Micro Devices Inc. shares have been on a tear lately — rising 28% off their March lows — and Melius Research analyst Ben Reitzes thinks they can go higher still.
AMD looks to ‘move fast' and swipe at Nvidia with its purchase of Silo AI
Acquiring Europe's largest private AI lab is AMD's most expensive AI-focused purchase so far.
AMD plans to acquire Silo AI in $665 million deal
Advanced Micro Devices (AMD) is getting a lift following news of the semiconductor maker's plans to acquire Finnish artificial intelligence company Silo AI. Josh Lipton and Julie Hyman discuss AMD's m...
AMD Expands Its Reach by Buying Silo AI, Europe's Largest Private AI Lab
Shares of Advanced Micro Devices (AMD) rose nearly 4% Wednesday after the chipmaker said it is buying the largest private artificial intelligence (AI) lab in Europe to expand its reach in the market.