Advanced Micro Devices, Inc. (AMD)

NASDAQ: AMD · IEX Real-Time Price · USD
190.65
-0.41 (-0.21%)
At close: Mar 18, 2024, 4:00 PM
185.50
-5.15 (-2.70%)
After-hours: Mar 18, 2024, 7:59 PM EDT
-0.21%
Market Cap 308.71B
Revenue (ttm) 22.68B
Net Income (ttm) 854.00M
Shares Out 1.62B
EPS (ttm) 0.53
PE Ratio 359.72
Forward PE 52.44
Dividend n/a
Ex-Dividend Date n/a
Volume 57,092,740
Open 193.29
Previous Close 191.06
Day's Range 188.05 - 193.50
52-Week Range 81.02 - 227.30
Beta 1.65
Analysts Strong Buy
Price Target 188.23 (-1.27%)
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 30 analysts, the average rating for AMD stock is "Strong Buy." The 12-month stock price forecast is $188.23, which is a decrease of -1.27% from the latest price.

Price Target
$188.23
(-1.27% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

These older tech companies are playing catch-up in genAI

The news hit like a thunderbolt across the artificial-intelligence landscape: Apple Inc. and Alphabet Inc.'s Google are in discussions to bring the latter's Gemini AI tools to iPhone software.

12 hours ago - Market Watch

The 'Mag 7 Bench': Josh Brown Picks The Next Magnificent 7 Stocks - CrowdStrike Holdings (NASDAQ:CRWD), Advanced Micro Devices (NASDAQ:AMD)

As the mega-cap tech rally stalls, investors are starting to think about what stocks could make up the next “Magnificent Seven.” Ritholtz Wealth Management‘s Josh Brown used a stock screener and came ...

Other symbols: CRWDNOWPLTRTEAMUBER
4 days ago - Benzinga

AMD Is In The A.I. Race With MSFT & META Partnerships

The AMD stock price is up nearly 150% year-over-year. How does AMD compare to other semiconductors like Nvidia (NVDA) and Intel (INTC)?

6 days ago - Schwab Network

AMD Stock Has Stumbled Amid Pause in AI Chipmaker Rally—Watch This Key Price Level

Advanced Micro Devices (AMD) extended losses for a second straight session on Monday as investors reassessed how much more room artificial intelligence (AI) chipmakers have to run after their record b...

6 days ago - Investopedia

AMD CEO Lisa Su: Everyone will want an AI PC as the technology progresses

Lisa Su, AMD CEO, joins 'Closing Bell Overtime' to talk its AI PC strategy, quarterly results, demand for AI products and more.

7 days ago - CNBC Television

Redditor Sees More Value In These AI Stocks Than Nvidia, AMD

A recent post on Reddit in r/stocks by user daynightcase, titled “AI Madness and Profitability,” sheds light on a unique perspective regarding the current surge in AI-related stocks.

7 days ago - Benzinga

Big Pension Bought Up Nvidia, Intel, and AMD Stock in Late 2023

A large Canadian public pension bought Nvidia, Intel, and AMD stock, and sold Micron stock in the fourth quarter.

Other symbols: INTCNVDA
8 days ago - Barrons

AMD's AI story is ‘unfolding fast.' This bull sees a 25%-plus stock gain ahead.

Advanced Micro Devices Inc. has been the leading contender as Wall Street looks for the next Nvidia Corp., but now AMD is really starting to look like a smaller version of its rival, according to one ...

9 days ago - Market Watch

Chipmaker stocks rally to new highs — here's what investors should know

AI-based tech stocks have seen an unprecedented rally in US markets, with Nvidia (NVDA) leading the charge. While some fear that what goes up must come down, other investors believe these stocks still...

Other symbols: AVGOINTCNVDATSM
10 days ago - Yahoo Finance

Melius' Ben Reitzes on why AMD could be an 'Nvidia-mini'

Ben Reitzes, Melius Head of Technology Research, joins 'Closing Bell Overtime' to discuss the semiconductor space and his latest note on why AMD could be an 'Nvidia-mini'.

10 days ago - CNBC Television

AMD Is Nasdaq 100's Top Stock on Friday. It's ‘Looking Like the Nvidia-Mini.

Melius Research analyst Ben Reitzes boosts his price target on AMD to $265 from $192.

10 days ago - Barrons

AVGO, AMD, INTC: Semiconductors & A.I.

Broadcom (AVGO) is a strange beast of a company, notes Kim Forrest. She and Morningstar's William Kerwin discuss Broadcom.

Other symbols: INTCAVGO
11 days ago - Schwab Network

6 Stocks to Buy—When the Market Finally Drops

The names all have ties to tech—and at least three are well known.

Other symbols: AMATAPHLRCXNVDAUBER
12 days ago - Barrons

How High Can AMD Climb?

A.I. buzz has lifted shares of AMD to a new all-time high. Jenny Horne dives into why demand for AMD chips is just getting started.

12 days ago - Schwab Network

The Next Phase Of The Bull Market: 5 Stocks For 2024 & Beyond

5 Stocks For 2024 & Beyond

Other symbols: AMZNHLTPSXRIO
13 days ago - Forbes

AMD Chip Too Advanced for Sale in China

AMD (AMD) hit a new all-time high on Monday. Kevin Green discusses this, as well as how AMD will need to apply for an export license.

13 days ago - Schwab Network

Apple (AAPL) iPhone Sales Slump, AMD A.I. Chip Scrutinized

Apple (AAPL) is lower in the premarket as China iPhone sales fall. The iPhone faced stiff competition from Chinese companies, notes a Counterpoint Research analyst.

Other symbols: AAPL
13 days ago - Schwab Network

Keysight and AMD Break Barriers to Redefine Benchmarking for Cloud and Edge Infrastructure Performance

SANTA ROSA, Calif.--(BUSINESS WIRE)---- $KEYS #5G--Keysight Technologies, Inc. (NYSE: KEYS) leveraged 4th generation AMD EPYC™ CPUs from Advanced Micro Devices, Inc. (NASDAQ: AMD) to develop an indust...

Other symbols: KEYS
13 days ago - Business Wire

AMD Will Reportedly Need Export License for AI Chips Aimed for China

Advanced Micro Devices (AMD) reportedly failed to make the artificial intelligence chip it tailored for the Chinese market weak enough to be sold without a license from the Commerce Department, dealin...

13 days ago - Investopedia

AMD Extends Market-Leading FPGA Portfolio with AMD Spartan UltraScale+ Family Built for Cost-Sensitive Edge Applications

— New FPGAs offer high I/O counts, power efficiency, and state-of-the-art security features for embedded vision, healthcare, industrial networking, robotics, and video applications —

13 days ago - GlobeNewsWire

AMD reportedly hits U.S. regulatory roadblock for China-tailored chip

Bloomberg reported the Commerce Department did not clear the chip for sale in China because it was still too advanced.

13 days ago - CNBC

AMD Hits US Roadblock in Selling China-Tailored AI Chip

Bloomberg has learned that Advanced Micro Devices Inc. has hit a US government roadblock in attempting to sell an artificial intelligence chip tailored for the Chinese market. Debby Wu reports on Bloo...

14 days ago - Bloomberg Markets and Finance

AMD hits US roadblock in selling specific AI chips for China, Bloomberg reports

Advanced Micro Devices has hit a US government roadblock in its efforts to sell an artificial intelligence chip tailored for the Chinese market, as part of Washington's crackdown on the export of adva...

14 days ago - Reuters

AMD Hires Thomas Zacharia to Expand Strategic AI Relationships

Former head of Oak Ridge National Laboratory to accelerate adoption of AMD technologies for sovereign AI deployments benefiting citizens around the world Former head of Oak Ridge National Laboratory t...

14 days ago - GlobeNewsWire

AMD's stock continues its march higher as AI cheers build

Advanced Micro Devices Inc.'s management projects it will generate upwards of $3.5 billion in revenue this year from graphics processing units for the data center.

14 days ago - Market Watch