Advanced Micro Devices, Inc. (AMD)
| Market Cap | 246.04B |
| Revenue (ttm) | 22.68B |
| Net Income (ttm) | 854.00M |
| Shares Out | 1.62B |
| EPS (ttm) | 0.53 |
| PE Ratio | 287.30 |
| Forward PE | 41.88 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 45,840,385 |
| Open | 151.65 |
| Previous Close | 148.64 |
| Day's Range | 150.35 - 153.50 |
| 52-Week Range | 81.02 - 227.30 |
| Beta | 1.64 |
| Analysts | Strong Buy |
| Price Target | 193.29 (+26.94%) |
| 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]
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 StatementsAnalyst Forecast
According to 31 analysts, the average rating for AMD stock is "Strong Buy." The 12-month stock price forecast is $193.29, which is an increase of 26.94% from the latest price.
News
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The mood in the tech sector is markedly more positive this week and that optimism looks set to continue early Tuesday.
Nvidia and AMD stand out on this new list of Wall Street's 20 favorite stocks
Late in December, MarketWatch published a list of favorite large-cap stocks for 2024 among analysts working for brokerage firms. Now it is time for a refresh, in part because shares of Nvidia, which t...
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Chip sector correction is a 'cautious blow' to stocks: Analyst
The chip sector is undergoing a sector-wide correction as concerns grow around slowing demand for the products. Moor Insights and Strategy Founder & CEO Patrick Moorhead to discuss why he believes mar...
AMD's stock has been ‘in absolute freefall' — but its earnings could spark a chip-sector rebound
The chip sector is in correction mode, with the PHLX Semiconductor Index SOX off about 12% from its early March highs. But can earnings results from Advanced Micro Devices Inc. later this month help i...
AMD, Micron, Cisco, Arm, and Other Tech Stocks in Focus Today
Tech stocks were showing early promise Thursday as the Nasdaq Composite Index tried once again to snap its losing streak.
AMD stock price forecast: could drop by 20% ahead of earnings
The Advanced Micro Devices (NASDAQ: AMD) stock price has been in a strong freefall since March, erasing over $80 billion in value. It has crashed from a high of $227 to $162 and is hovering at its low...
AMD to Report Fiscal First Quarter 2024 Financial Results
SANTA CLARA, Calif., April 16, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) announced today that it will report fiscal first quarter 2024 financial results on Tuesday, Apr. 30, 2024, after the close of ...
AMD Unveils New Processors to Power A.I. PCs
AMD (AMD) unveils new processors to power A.I. PCs. Caroline Woods discusses this as HSBC upgrades AMD to buy from hold.
AMD Unveils New AI PC Processors as Competition With Nvidia and Intel Heats Up
Advanced Micro Devices (AMD) on Tuesday unveiled new processors optimized for artificial intelligence (AI) to expand its AI PC portfolio. The new products could help AMD better compete with Nvidia (NV...
Bearish on WMT, AMD & Bullish on NKE
Walmart (WMT), Nike (NKE), and AMD (AMD) are today's big three stocks. Don Kaufman and Ben Lichtenstein discuss how to trade, as well as the technical trends of these names.
HSBC upgrades Advanced Micro Devices to buy
CNBC's Kristina Partsinevelos reports on news from HSBC.
AMD Has a New Bull, and Is Coming for Nvidia's AI Lunch
HSBC analyst Frank Lee upgraded shares of chip maker Advanced Micro Devices as it pushes to compete with Nvidia to power artificial-intelligence software.
AMD introduces AI chips for business laptops and desktops
Advanced Micro Devices unveiled a new series of chips for artificial intelligence-enabled personal computers on Tuesday as it looks to expand its share of the lucrative "AI PCs" market.
AMD's stock can surge 40%, this new bull says — even as Nvidia still dominates
At least, that's the perspective of HSBC analyst Frank Lee, who upgraded AMD shares AMD, -1.81% to buy from hold in a Tuesday report. He boosted his price target to $225 from $180, with the new target...
AMD rolls out its latest chips for AI PCs as competition with Nvidia and Intel heats up
AMD's new processors will compete against Nvidia's and Intel's chips that are specifically designed for AI PCs.
AMD Expands Commercial AI PC Portfolio to Deliver Leadership Performance Across Professional Mobile and Desktop Systems
— AMD Ryzen™ PRO 8040 Series and AMD Ryzen™ PRO 8000 Series provide businesses with the most advanced x86 processors 1 for AI PCs —
AMD launches processors for commercial AI PCs
AMD has launched the AMD Ryzen Pro 8040 Series mobile processors and AMD Ryzen Pro Series desktop processor for commercial AI PCs.
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Tech stocks appeared poised to struggle for direction early Tuesday after a sharp selloff Monday.
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Tech stocks were in rebound mode early Monday on investor relief that the conflict between Iran and Israel has not yet escalated further.
Wedbush's Matt Bryson talks the AI chip space
Matt Bryson, Wedbush Enterprise Hardware Analyst, joins 'Closing Bell Overtime' to talks the AI chipmakers including Nvidia and recent comments from CEO Jensen Huang.
China Tells Telecom Carriers to Phase Out Foreign Chips in Blow to Intel, AMD
The move is the latest installment in a U.S.-China technology war that is splintering the global chip industry.
AMD, INTC Slip as China Moves Away from Western Tech
China officials tell telecom carriers to phase out foreign chips. Renita Young discusses this as China was Intel's (INTC) largest market in 2023 and China was AMD's third largest market in 2023.
AMD and Intel dip on report China told telecoms to remove foreign chips
Shares of U.S. chipmakers fell after The Wall Street Journal reported China is ordering the country's top telecom carriers to stop using foreign processors.
Intel, AMD Stocks Are Sliding. China Wants to Cut Their Chips Out of Telecoms Systems.
Intel and Advanced Micro Devices stocks were slipping early on Friday. Chinese efforts to cut the U.S. chip makers out of key systems look to be intensifying.