Advanced Micro Devices, Inc. (AMD)

NASDAQ: AMD · IEX Real-Time Price · USD
164.47
+1.85 (1.14%)
At close: May 17, 2024, 4:00 PM
164.41
-0.06 (-0.04%)
After-hours: May 17, 2024, 7:59 PM EDT
1.14%
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 39.67
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]

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 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.

Price Target
$192.45
(17.01% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Where AMD Stands Next to NVDA

Microsoft (MSFT) is to introduce AMD A.I. chips to its cloud computing customers.

Other symbols: NVDA
22 hours ago - Schwab Network

AMD: Semiconductor & A.I. Trends to Watch

LikeFolio's Megan Brantley discusses the semiconductor and A.I. trends investors should be monitoring.

22 hours ago - Schwab Network

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...

Other symbols: MSFT
1 day ago - Yahoo Finance

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.

Other symbols: MSFT
1 day ago - Schwab Network

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...

Other symbols: MSFT
1 day ago - Invezz

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...

Other symbols: MSFT
1 day ago - Reuters

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...

Other symbols: NVDA
2 days ago - Market Watch

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.

2 days ago - Invezz

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:

3 days ago - GlobeNewsWire

Bullish on CSCO, AMD, AMZN

Cisco Systems (CSCO), AMD (AMD), and Amazon (AMZN) are today's big three stocks. Joe Tigay and Ben Lichtenstein discuss the technical trends, as well as how to trade these names.

Other symbols: AMZNCSCO
3 days ago - Schwab Network

Streaking stocks: The Committee discusses their win streak stocks

The Investment Committee gives you their strategy on some of their win-streak stocks.

Other symbols: ACGLDMKL
5 days ago - CNBC Television

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.

Other symbols: NVDAALABAVGOMRVL
5 days ago - Barrons

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 ...

5 days ago - GlobeNewsWire

AMD vs Other Semiconductor Stocks

LikeFolio's Megan Brantley looks at AMD (AMD) versus other semiconductor stocks. She discusses A.I.

7 days ago - Schwab Network

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.

Other symbols: AMZNMUTSM
8 days ago - Barrons

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.

8 days ago - VentureBeat

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...

10 days ago - GlobeNewsWire

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.

Other symbols: NVDA
10 days ago - Schwab Network

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.

11 days ago - Business Wire

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...

11 days ago - GlobeNewsWire

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.

Other symbols: AMZNDDOGSNOW
11 days ago - Barrons

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 ...

12 days ago - GlobeNewsWire

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.

Other symbols: NVDA
12 days ago - Barrons

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.

Other symbols: MARAMETAMSTR
12 days ago - Barrons

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.

Other symbols: AAPLGOOGGOOGLGSKNVDA
15 days ago - Invezz