Advanced Micro Devices, Inc. (AMD)
| Market Cap | 238.14B |
| Revenue (ttm) | 22.11B |
| Net Income (ttm) | 208.00M |
| Shares Out | 1.62B |
| EPS (ttm) | 0.11 |
| PE Ratio | 1,340.09 |
| Forward PE | 44.29 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 62,079,185 |
| Open | 149.50 |
| Previous Close | 148.76 |
| Day's Range | 147.20 - 151.05 |
| 52-Week Range | 60.05 - 151.05 |
| Beta | 1.67 |
| Analysts | Strong Buy |
| Price Target | 139.88 (-5.11%) |
| Earnings Date | Jan 30, 2024 |
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]
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 StatementsAnalyst Forecast
According to 26 analysts, the average rating for AMD stock is "Strong Buy." The 12-month stock price forecast is $139.88, which is a decrease of -5.11% from the latest price.
News
Midday Movers: AMD Higher on Graphics Card Report, Boeing Falls on Inspection Issue
U.S. equities traded marginally higher at midday Thursday as the S&P 500 remained within striking distance of its all-time high, with the index en route to its ninth straight week of gains.
Here are 3 stocks — other than Nvidia — getting an AI premium from Wall Street
While Nvidia was the big winner for investors this year in the generative AI boom, other tech stocks have also gotten a boost
CIC Wealth's Malcolm Ethridge says these two companies could join the 'Magnificent 7'
Malcolm Ethridge, CIC Wealth, joins 'Closing Bell' to discuss the tech sector and which companies he expects to join the Magnificent 7 next year.
We've very bullish on semiconductors going into 2024, says BofA's Vivek Arya
Vivek Arya, Bank of America senior semiconductor analyst, joins 'Squawk Box' to discuss the state of the semiconductor industry, Micron's quarterly earnings results, industry outlook in 2024, and more...
Don't Bet AMD Stock Can Rise On $150 Billion AI Chip Market
AMD stock — trading 10% below its November 2021 high — is about 7% overvalued, according to CNN Business. I do not see that as a buying opportunity.
AMD Recommends Rejection of Below-Market “Mini-Tender” Offer from TRC Capital Investment Corporation
SANTA CLARA, Calif., Dec. 19, 2023 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) has been notified of a "mini-tender" offer by TRC Capital Investment Corporation (“TRC Capital”). Pursuant to the offer, which ...
Three-Stock Lunch: Cleveland Cliffs, Crowdstrike and AMD
Quint Tatro, Joule Financial founder, joins 'Power Lunch' to discuss three stocks: Cleveland Cliffs, Crowdstrike and Advanced Micro.
Ritholtz's Josh Brown on AMD: This is one stock I don't own enough of
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to explain why AMD is one stock he can't own enough of.
Move over Nvidia. Investors may be ready to make this stock their new No.
While Nvidia has been a clear chip favorite among investors keen to get exposure to the artificial intelligence sector this year, Jensen Huang's company may have a contender.
4 reasons why AMD stock will hit a new all-time high in 2024
Advanced Micro Devices NASDAQ: AMD investor day event did not spark a serious change in the analysts' outlook, but it did paint a rosy picture of the company's future. The takeaway is that the acceler...
AMD's stock heads for highest close in nearly 2 years, pacing S&P 500 volume leaders
Advanced Micro Devices Inc. shares AMD, +2.24% are continuing their charge higher Tuesday, rallying for the fourth session in a row and heading for their highest close in almost a year. The stock is u...
Three buys and a bail: AMD, Micron, Nvidia & Texas Instruments
Quint Tatro, Joule Financial founder and president, joins ‘The Exchange' to discuss three buys and a bail, including AMD, Micron, Nvidia and Texas Instruments.
AMD Stock Is on a Roll After AI Day. It's Now More Expensive Than Nvidia.
The chip makers shares rallied this week as investors cheered its ambitions in artificial intelligence.
3 reasons to buy AMD before 2024
Having cooled considerably after a strong first half of the year, shares of Advanced Micro Dynamics Inc NASDAQ: AMD are once again doing what they love best: rallying. The stock is up about 40% since ...
AMD Takes The Fight To Nvidia With Latest AI Chip Launch. Is The Stock A Buy At $116?
Advanced Micro Devices stock (NASDAQ NDAQ : AMD) hosted an event to unveil its latest chips tailor-made for the booming artificial intelligence market. The newly launched chips include the Instinct MI...
3-Stock Lunch: AMD, AMZN and XOM
David Trainer, New Constructs CEO, joins ‘Power Lunch' to discuss three stocks: Advanced Micro, Amazon and ExxonMobil.
Stock Market Today: Tech Stocks Soar as AMD, Alphabet Rally
AI-related headlines sparked a major surge in tech stocks Thursday, with the Nasdaq handily outperforming its peers.
AMD stock spikes after company launches AI chip to rival Nvidia
For the past year, AI chips have been dominated by Nvidia, and cloud providers and technology companies have been searching for an alternative.
AMD is poised for huge AI growth in 2024 and the stock market is paying attention
Many of my recent opinion pieces on MarketWatch have centered around the world of AI and how computing companies including AMD AMD, +10.02%, Nvidia NVDA, +2.15% and Intel INTC, +2.64% are addressing i...
Final Trades: ABBV, AMD and JEPQ
Here are today's Final Trades from the Investment Committee.
AMD's MI300 AI chip: 'Most complex in industry,' CEO
AMD (AMD) unveiled its new MI300 data center chip - an ultra-powerful AI accelerator years in the making. CEO Dr. Lisa Su joined Yahoo Finance's Brian Sozzi to discuss the complex processor and boomin...
Midday Movers: Alphabet and AMD Jump on AI News, Take-Two Gets a Downgrade
U.S. equities were higher at midday as the market got a boost from tech shares over enthusiasm about artificial intelligence (AI). The Dow, S&P 500, and Nasdaq were all higher.
AMD CEO Lisa Su: The AI market exploded in the last year, we have incredibly competitive AI product
AMD CEO Lisa Su sits down with CNBC's Kristina Partsinevelos to discuss its latest AI chip, competition in the semiconductor space, the pace of the AI market and much more.