Advanced Micro Devices, Inc. (AMD)

NASDAQ: AMD · Real-Time Price · USD
137.60
-1.79 (-1.28%)
At close: Nov 20, 2024, 4:00 PM
137.17
-0.43 (-0.31%)
After-hours: Nov 20, 2024, 7:59 PM EST
-1.28%
Market Cap 223.30B
Revenue (ttm) 24.30B
Net Income (ttm) 1.83B
Shares Out 1.62B
EPS (ttm) 1.13
PE Ratio 121.96
Forward PE 30.13
Dividend n/a
Ex-Dividend Date n/a
Volume 26,528,155
Open 138.96
Previous Close 139.39
Day's Range 135.48 - 139.36
52-Week Range 116.37 - 227.30
Beta 1.71
Analysts Strong Buy
Price Target 195.77 (+42.28%)
Earnings Date Oct 29, 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, Advanced Micro Devices'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 $195.77, which is an increase of 42.28% from the latest price.

Price Target
$195.77
(42.28% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Qualcomm Plans for Life After Apple. It's Coming for Intel and AMD.

Qualcomm is aiming for an additional $22 billion in annual revenue from providing chips for PCs, vehicles and the Internet of Things,

Other symbols: AAPLINTCQCOM
19 hours ago - Barrons

Is Advanced Micro Devices a Millionaire-Maker Stock?

Is Advanced Micro Devices a Millionaire-Maker Stock?

22 hours ago - The Motley Fool

2 Generative AI Stocks That Could Help Set You Up for Life

AMD and ServiceNow will both profit from this secular boom.

Other symbols: NOW
23 hours ago - The Motley Fool

AMD Announces Upcoming Events for the Financial Community

SANTA CLARA, Calif., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQ: AMD) announced the following events for the financial community:

1 day ago - GlobeNewsWire

AMD: Generational Buying Opportunity

AMD has been underperforming but is poised for a rally, supported by favorable Q3 trends and reaching a multi-year support level. Q3 earnings showed significant YoY growth, especially in the Data Cent...

1 day ago - Seeking Alpha

AMD Accelerates Exascale Computing to New Heights Powering the Fastest Supercomputer Ever, El Capitan

─ El Capitan, powered by the AMD Instinct MI300A APU, becomes the second AMD supercomputer to surpass the Exascale barrier, placing #1 on the Top500 list —

2 days ago - GlobeNewsWire

Atomic Rules Ships Arkville® 24.11, Adding PCIe Gen5 DMA to AMD Versal™ Gen 1 Devices

AUBURN, N.H.--(BUSINESS WIRE)--Atomic Rules LLC, a supplier of enterprise-grade FPGA IP cores and solutions, today shipped Arkville® 24.11, the 28th production release of the trusted and performant FP...

2 days ago - Business Wire

2 Artificial Intelligence (AI) Stocks to Buy on the Dip

Think you've missed the AI surge? These two AI hardware experts are selling at a discount right now.

Other symbols: MU
4 days ago - The Motley Fool

Better Artificial Intelligence Stock: Nvidia vs. AMD

Both companies are benefiting from AI's growth, but only one is a clear leader.

Other symbols: NVDA
6 days ago - The Motley Fool

AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up

AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.

7 days ago - VentureBeat

Advanced Micro Devices to Cut Global Headcount by 4%

The layoffs would affect about 1,040 employees and are part of a shift in AMD's broader business strategy.

7 days ago - WSJ

AMD to cut 4% of workforce, impacting around 1,000 employees

AMD announced on Wednesday that it will reduce its global workforce by 4%, marking a strategic move to focus more on the rapidly growing artificial intelligence (AI) chip sector, currently dominated b...

7 days ago - Invezz

AMD to lay off 4% of workforce, or about 1,000 employees

At the end of last year, AMD had 26,000 employees, according to an SEC filing.

7 days ago - CNBC

AMD to cut 4% of global workforce as it focuses on AI chip development

Advanced Micro Devices is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards developing AI chips in a bid to compete against industry bellwether Nvidia.

7 days ago - Reuters

AMD lays off 4% of its workforce

AMD has confirmed that it's laying off 4% of its workforce to focus on “large growth opportunities.” It's unclear how many workers have been impacted by the reduction — and which divisions. AMD had ro...

7 days ago - TechCrunch

Where Will AMD Stock Be in 5 Years?

The chipmaker has delivered solid gains in the past five years, and a closer look at its prospects indicates more possible upside in the future.

7 days ago - The Motley Fool

AMD: Lagging AI Growth Shouldn't Last

Advanced Micro Devices, Inc.'s Data Center revenue is surging due to AI demand, but overall growth lags Nvidia, impacting stock performance. Gaming and Embedded segments are struggling, but Data Cente...

8 days ago - Seeking Alpha

Why The Market Doesn't Care About AMD's AI Revenue

Despite its strong AI accelerator technical performance, Advanced Micro Devices, Inc. struggles to compete effectively in terms of market share and absolute dollars. Its Data Center operating margins ...

8 days ago - Seeking Alpha

3 Growth Stocks Down 34% to 62% to Buy Right Now

This diverse group of companies has positioned itself for considerable gains over time.

Other symbols: BROSIIPR
8 days ago - The Motley Fool

AMD and Intel Recently Reported Earnings -- but There Was Only 1 Clear Winner

Advanced Micro Devices continues to take Intel's market share.

Other symbols: INTC
8 days ago - The Motley Fool

AMD: Recent Correction Provides New Opportunity

AMD's recent earnings result showed strong potential for its Data Center business and, specifically, its AI chips. The company projected $5 billion in AI chip revenue for 2024, which is up from $4.5 b...

9 days ago - Seeking Alpha

2 Ultimate Growth Stocks to Buy With $1,000 Right Now

The AI tailwind can continue to propel these quality stocks in the long run.

Other symbols: MSFT
9 days ago - The Motley Fool

The Big 3: LMT, AMD, ET

Kenny Polcari believes there's positives in each of today's Big 3. He notes recent selloffs in each but expects better outlook for each.

Other symbols: ETLMT
9 days ago - Schwab Network

Why Is Everyone Talking About AMD Stock?

The semiconductor design company is increasing its market share in the fast-growing data center segment.

9 days ago - The Motley Fool

Age-Related Macular Degeneration (AMD) Drugs Market Research 2024: Lucentis, Eylea, Eylea HD, Vabysmo, Syfovre, Ranibizumab, Aflibercept, Faricimab, Biologic, Biosimilar - Global Forecast to 2029

Dublin, Nov. 08, 2024 (GLOBE NEWSWIRE) -- The "Age-Related Macular Degeneration (AMD) Drugs Market by Product (Lucentis, Eylea & Eylea HD, Vabysmo, Syfovre), Molecule (Ranibizumab, Aflibercept, Farici...

12 days ago - GlobeNewsWire