Advanced Micro Devices, Inc. (AMD)

NASDAQ: AMD · IEX Real-Time Price · USD
164.31
+6.62 (4.20%)
At close: Jul 2, 2024, 4:00 PM
164.48
+0.17 (0.10%)
After-hours: Jul 2, 2024, 7:59 PM EDT
4.20%
Market Cap 265.58B
Revenue (ttm) 22.80B
Net Income (ttm) 1.12B
Shares Out 1.62B
EPS (ttm) 0.69
PE Ratio 238.13
Forward PE 40.59
Dividend n/a
Ex-Dividend Date n/a
Volume 55,803,613
Open 157.04
Previous Close 157.69
Day's Range 156.70 - 164.58
52-Week Range 93.12 - 227.30
Beta 1.69
Analysts Strong Buy
Price Target 195.59 (+19.04%)
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]

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 29 analysts, the average rating for AMD stock is "Strong Buy." The 12-month stock price forecast is $195.59, which is an increase of 19.04% from the latest price.

Price Target
$195.59
(19.04% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

AI Boom Boosts Nvidia, AMD, Broadcom: JPMorgan Survey Forecasts Robust Future For Semiconductors

A recent survey from JPMorgan reveals a clear trajectory towards increased investment in AI infrastructure, with expectations of significant revenue growth in the semiconductor sector over the next se...

Other symbols: AVGONVDA
4 days ago - Benzinga

OVHcloud® US Announces New Advance Bare Metal Servers with Best-of-breed AMD EPYC 4004 Series CPUs

RESTON, Va.--(BUSINESS WIRE)--OVHcloud US, a global cloud player and the European Cloud leader, announces new state-of-the-art dedicated Bare Metal Advance servers powered by the latest AMD EPYC™ 4004...

6 days ago - Business Wire

Could AMD or TSMC Challenge NVDA?

It seems that Nvidia's (NVDA) stock price is predicated on the idea that other chip manufacturers will never be able to challenge the firm, notes Octavio Marenzi. He thinks that other chip manufacture...

Other symbols: NVDATSM
7 days ago - Schwab Network

Wowza To Work with AWS and AMD for High-Efficiency Streaming

DENVER, June 25, 2024 (GLOBE NEWSWIRE) -- Wowza, a worldwide leader in live and on-demand video streaming, is excited to announce the latest in their efforts to promote efficient, high-quality transco...

7 days ago - GlobeNewsWire

Prospective Trial Shows Impact of Home OCT Guided Wet AMD Patient Management

Remote monitoring reduces office visit and treatment burden in some patients Manassas, Virginia--(Newsfile Corp. - June 25, 2024) - Digital healthcare provider, Notal Vision, announced the results fro...

7 days ago - Newsfile Corp

11 favored semiconductor stocks expected to outperform Nvidia over the next year

Nvidia Corp. dominates coverage of the semiconductor industry, and this will continue as long as this company keeps blowing past even its own expectations for sales and profits each quarter. But there...

8 days ago - Market Watch

AMD Shares Now Top Piper Pick Because of AI Server Chips

Shares of Advanced Micro Devices traded higher Thursday after a Pipe Sandler analyst issued a bullish note on the artificial intelligence business of the chip maker.

12 days ago - Barrons

AMD Company Info Could Have Been Accessed in Data Breach

AMD (AMD) is investigating claims that company information was accessed in a data breach. The company stated that “we are working closely with law enforcement officials and a third-party hosting partn...

12 days ago - Schwab Network

Here's why AMD's stock was just dubbed a top pick

Advanced Micro Devices Inc. has been on the outside looking in lately — at least from a stock-market perspective.

12 days ago - Market Watch

AMD to Power AI-Based Smart Parking Solution for Sun Singapore, the Country's Largest Provider of Smart Parking Services

AMD Zynq adaptive SoCs help Sun Singapore accelerate video analytics and real-time inferencing for AI at the edge AMD Zynq adaptive SoCs help Sun Singapore accelerate video analytics and real-time inf...

13 days ago - GlobeNewsWire

AMD investigating claims that company data was stolen in hack

Advanced Micro Devices said on Tuesday it was looking into claims that the company data was stolen in a hack by a cybercriminal organization.

14 days ago - Reuters

Nvidia's Road To $3 Trillion: Can AMD Or Intel Ever Catch Up?

Nvidia's rise to becoming a $3 trillion happened in record time. The chip company makes the high-end computer chips that power AI tools like ChatGPT and the cutting edge data centers that more and mor...

Other symbols: INTCNVDA
14 days ago - CNBC

VORAGO Rad-Hard MCU Enables In-Flight Reconfiguration of AMD Space-Grade FPGAs

Austin, June 18, 2024 (GLOBE NEWSWIRE) -- Austin, Texas - Rad-hard microcontroller from VORAGO Technologies reconfigures AMD Kintex™ UltraScale™ FPGAs for space applications Austin, Texas, June 18, 20...

14 days ago - GlobeNewsWire

Why AMD, Intel, Qualcomm and other PC giants need Apple's AI effort to succeed

Apple has taken the wraps off one of the worst-kept secrets in the technology space: its plans for integrating AI into its consumer products. Everything from the Mac to iPad and iPhone (but oddly not ...

Other symbols: AAPLINTCQCOM
14 days ago - Market Watch

Worried you missed the Nvidia bandwagon? Here are some alternative stock picks.

Nvidia Corp.' s stock has returned 162% this year through Thursday with dividends reinvested, while it has more than tripled from a year ago.

Other symbols: AVGO
17 days ago - Market Watch

TSLA, AMD, PANW: Must Watch Stocks & Their Price Levels

How will the Federal Reserve's actions factor into the current bull market rally? The $180 price level is important for Tesla (TSLA) as it could be a bullish sign.

Other symbols: PANWTSLA
18 days ago - Schwab Network

AMD stock price prediction: Can it rally to $200 again?

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) have experienced significant volatility in recent months. After soaring to above $220 per share in March this year, the stock has tumbled to below $...

20 days ago - Invezz

AMD Should Deliver Outsized Growth

Edward Jones initiates AMD (AMD) with a buy rating and adds it to the stock focus list. The analyst notes that AMD should deliver outsized growth as growing data center demand should drive sales of AM...

20 days ago - Schwab Network

AMD Downgraded by Morgan Stanley on Concerns About AI Expectations

Advanced Micro Devices (AMD) shares declined Monday as Morgan Stanley downgraded the stock, warning that expectations of financial gains from its artificial intelligence (AI) products may be too high.

22 days ago - Investopedia

What Is AMD Stock Trading Lower On Monday?

Advanced Micro Devices Inc AMD shares are trading lower after Morgan Stanley analyst Joseph Moore downgraded the stock from Overweight to Equal-Weight.

22 days ago - Benzinga

Calls of the Day: AMD, American Express, Snowflake and Uber

The Investment Committee discuss the latest Calls Of The Day.

Other symbols: AXPSNOWUBER
22 days ago - CNBC Television

AMD A.I. Expectations are Still Too High

Morgan Stanley downgrades AMD (AMD) to equal weight from overweight. Morgan Stanley notes that investors' expectations for the A.I.

22 days ago - Schwab Network

Cramer's Mad Dash: AMD

CNBC's Jim Cramer delivers his daily Mad Dash.

22 days ago - CNBC Television

AMD to Present at the UBS Women in Tech Summit

SANTA CLARA, Calif., June 10, 2024 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQ: AMD) announced that Ruth Cotter, senior vice president, Marketing, Communications and Human Resources, will present at the UB...

22 days ago - GlobeNewsWire

AMD, Microsoft, Alphabet, and Other Tech Stocks in Focus

Advanced Micro Devices was hit after analysts at Morgan Stanley downgraded the chip maker's stock to Equal Weight from Overweight.

Other symbols: GOOGGOOGLMSFT
22 days ago - Barrons