Advanced Micro Devices, Inc. (AMD)

NASDAQ: AMD · IEX Real-Time Price · USD
121.39
+0.23 (0.19%)
At close: Dec 1, 2023, 4:00 PM
121.50
+0.11 (0.09%)
After-hours: Dec 1, 2023, 7:59 PM EST
0.19%
Market Cap 196.11B
Revenue (ttm) 22.11B
Net Income (ttm) 208.00M
Shares Out 1.62B
EPS (ttm) 0.11
PE Ratio 1,103.55
Forward PE 36.47
Dividend n/a
Ex-Dividend Date n/a
Volume 37,048,002
Open 119.88
Previous Close 121.16
Day's Range 118.65 - 121.40
52-Week Range 60.05 - 132.83
Beta 1.65
Analysts Strong Buy
Price Target 135.46 (+11.59%)
Earnings Date Oct 31, 2023

About AMD

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates in four segments: 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 also provi... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Sep 27, 1972
Employees 25,000
Stock Exchange NASDAQ
Ticker Symbol AMD
Full Company Profile

Financial Performance

In 2022, AMD's revenue was $23.60 billion, an increase of 43.61% compared to the previous year's $16.43 billion. Earnings were $1.32 billion, a decrease of -58.25%.

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for AMD stock is "Strong Buy." The 12-month stock price forecast is $135.46, which is an increase of 11.59% from the latest price.

Price Target
$135.46
(11.59% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

The nucleus of the economy is the semiconductor chip, says Virtus Investment's Joe Terranova

Joe Terranova, Virtus Investment Partners chief market strategist, joins 'Power Lunch' to take on the growth versus value debate and offer his market outlook.

3 days ago - CNBC Television

Best Stocks to Buy Now

Our list of the best stocks to buy now reflect the lesson of the past few years: Be ready for anything.

4 days ago - Kiplinger

Is AMD Stock A Buy At $120 As It Doubles Down On AI-Focused GPUs?

That being said, much of the surge in the stock appears to be coming from mounting interest in the company's graphics processing business.

4 days ago - Forbes

AI revolution: 3 stocks set to soar as technology evolves

It's been a wild ride for generative AI platform ChatGPT and its financial backer Microsoft Corp. NASDAQ: MSFT. While those two companies, along with chip designer Nvidia Corp. NASDAQ: NVDA are among ...

6 days ago - MarketBeat

Gina Sanchez says ‘there's a lot more to come' out of the AMD stock

Advanced Micro Devices Inc (NASDAQ: AMD) has already nearly doubled since the start of this year but Gina Sanchez continues to recommend owning shares of this chipmaker.

10 days ago - Invezz

AMD Announces Upcoming Events for the Financial Community

SANTA CLARA, Calif., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQ: AMD) announced the following events for the financial community:

11 days ago - GlobeNewsWire

Three-Stock Lunch: Nvidia, Advanced Micro Devices and Microsoft

Gina Sanchez, Lido Advisors chief market strategist, joins ‘Power Lunch' to discuss three stocks: Nvidia, Advanced Micro Devices and Microsoft.

Other symbols: MSFTNVDA
11 days ago - CNBC Television

How Microsoft's new chip for AI could upset Nvidia, AMD, Intel and other big tech players

Microsoft earlier this week took the wraps off one of the more important reveals in the chip market in a long time. Microsoft MSFT now has both a custom-designed AI processing chip and a custom Arm-ba...

Other symbols: INTCMSFTNVDA
16 days ago - Market Watch

How Microsoft's 'Game-Changing' AI Plans Could Hit Nvidia and AMD

The company's push could lessen its dependence on others.

Other symbols: MSFTNVDA
17 days ago - Barrons

TYAN announces new server line-up powered by 4th Gen AMD EPYC™ (9004/8004 Series) and AMD Ryzen™ (7000 Series) Processors at SC23

DENVER , Nov. 15, 2023 /PRNewswire/ -- TYAN, an industry leader in server platform design and a subsidiary of MiTAC Computing Technology Corporation, debuts its new server line-up for 4th Gen AMD EPYC...

18 days ago - PRNewsWire

AMD Brings New AI and Compute Capabilities to Microsoft Customers

— AMD Instinct MI300X Accelerators will power new Microsoft Azure virtual machine series optimized for AI — — 4 th Gen AMD EPYC processors are also now being used to run a new generation of general pu...

18 days ago - GlobeNewsWire

AMD Announces AMD Instinct MI300 Accelerator Launch Event Highlighting Rapidly Expanding Ecosystem of AI Customers and Partners

SANTA CLARA, Calif., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQ: AMD) announced “Advancing AI,” an in-person and livestreamed event on December 6, 2023 to launch the next-generation AMD Inst...

18 days ago - GlobeNewsWire

Nvidia is pushing to stay ahead of Intel, AMD in a high-stakes, high-performance computing race

Nvidia NVDA, +2.05% was built on the promise of the GPU for gaming and advanced rendering, but its rise to a $1 trillion valuation was on the back of high-performance computing and AI. What began as a...

Other symbols: INTCNVDA
19 days ago - Market Watch

AMD's stock finds a new fan amid AI potential

Advanced Micro Devices Inc. can pick up share in the enticing artificial-intelligence market, a new bull says.

19 days ago - Market Watch

Latest Top500 List Highlights Several World's Fastest and Most Efficient Supercomputers Powered by AMD

Number of AMD-based supercomputers on the latest Top500 list grows 39% year-over-year to 140; AMD now powers 8 of the 10 most energy efficient supercomputers in the world Number of AMD-based supercomp...

19 days ago - GlobeNewsWire

AMD Expands Ryzen Embedded Processor Family for High-Performance Industrial Automation, Machine Vision and Edge Applications

Ryzen Embedded 7000 Series processors deliver leadership performance and advanced features with a growing partner ecosystem including Advantech, ASRock and DFI Ryzen Embedded 7000 Series processors de...

20 days ago - GlobeNewsWire

Pixium Vision announces the 48-Month Trial Results in Severe Atrophic AMD

Pixium Vision announces the 48-Month Trial Results in Severe Atrophic AMD Study confirms subretinal prothesis feasible and well-tolerated with no reduction of natural peripheral vision, confirming 36-...

20 days ago - GlobeNewsWire

Inflammasome Therapeutics to Enter Clinic with Treatment for Dry AMD

NEWTON, Mass.--(BUSINESS WIRE)-- #NRTIs--Inflammasome Therapeutics (https://inflam.com), a private company, developing a new class of inflammasome inhibitor drugs called Kamuvudines as therapies for p...

20 days ago - Business Wire

6 Stocks to Play AI on Consumer Devices

AI capabilities will likely be coming to smartphones, wearable devices, autonomous cars, and more.

Other symbols: DELLHPQINTCLNVGYQCOM
24 days ago - Barrons

Amazon, Nvidia, and 7 Other Stocks for Falling Bond Yields

When the 10-year sinks that's wehen growth names flourish. And it books like yields will keep falling.

25 days ago - Barrons

These 4 Stocks Have Been the Most Popular During Wall Street's Recent Rally

Tesla, Palantir, AMD, and Ford have been the most popular stocks by volume from Oct. 30 to Nov. 6.

Other symbols: FPLTRTSLA
26 days ago - Barrons

Investing in AI? How about AI for investing

AI, artificial intelligence, is taking the economy by storm because of the opportunity it provides. Among the benefits are improved efficiency, fraud detection, and robotic automation that add up to c...

Other symbols: PATHSCHW
27 days ago - MarketBeat

Blue Line's Bill Baruch buys more shares of AMD

Shannon Saccocia, Joe Terranova, Jenny Harrington, and Brian Belski join 'Halftime Report' to discuss the impact of Fed rate hikes on the market, the possibility of a year-end rally, and more.

4 weeks ago - CNBC Television

Jim Cramer takes a closer look at this earnings season's standout stocks

'Mad Money' host Jim Cramer takes a look at today's Fed decision to leave rates unchanged and analyzes what it means for well performing stocks.

Other symbols: DDETNGELINORCLTT
4 weeks ago - CNBC Television

AMD Shares Climb 9% On AI Optimism Despite Lowering Guidance

Advanced Micro Devices (AMD) shares leaped more than 9% Wednesday after the company said it expects to sell $2 billion in AI-powered chips next year as it attempts to catch up to market leader and riv...

4 weeks ago - Investopedia