Advanced Micro Devices, Inc. (AMD)
| Market Cap | 246.23B |
| Revenue (ttm) | 22.80B |
| Net Income (ttm) | 1.12B |
| Shares Out | 1.62B |
| EPS (ttm) | 0.69 |
| PE Ratio | 220.86 |
| Forward PE | 35.94 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 32,156,867 |
| Open | 153.13 |
| Previous Close | 153.62 |
| Day's Range | 150.61 - 154.09 |
| 52-Week Range | 93.12 - 227.30 |
| Beta | 1.66 |
| Analysts | Strong Buy |
| Price Target | 190.19 (+24.81%) |
| 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 $190.19, which is an increase of 24.81% from the latest price.
News
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.
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...
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.
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.
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...
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.
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 ...
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.
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.
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.
Semiconductor Stocks Pop After Fed Meeting And Strong Numbers From This Chip-Maker - Intel (NASDAQ:INTC), Advanced Micro Devices (NASDAQ:AMD)
Semiconductor stocks were up on Thursday after largely having slipped this last month. Nvidia NVDA was up over 2.0% at the time of writing.
How Is AMD's Fledgling AI Business Doing?
Advanced Micro Devices stock (NASDAQ NASDAQ : AMD) recently published its Q1 2024 results which were slightly better than expected. While net income came in at $123 million compared to a net loss in t...
Microsoft, AMD, SoFI, Amazon, and Other Tech Stocks in Focus Today
Tech stocks launched a comeback early Thursday as the sector was seemingly buoyed by Federal Reserve Chairman Jerome Powell's comments.
AMD is the latest company to show that AI is an expensive proposition
Artificial intelligence is expensive for the companies buying AI chips, and it's expensive for the companies making them, too.
Chart of the Day: AMD
AMD is tumbling along with some other AI chip names. The Investment Committee debates the chip stocks.
AMD & SMCI Tumble After Earnings
AMD (AMD) falls despite an earnings beat. Jenny Horne discusses this as AMD and SuperMicro (SMCI) say that the supply chain is dampening some of their growth efforts.
Is AMD stock worth buying after Q1 earnings?
A post-earnings dip in Advanced Micro Devices Inc (NASDAQ: AMD) is an opportunity to buy a quality name at a discount, says a Barclays analyst. AMD stock is well positioned after Q1 earnings Shares of...
AMD, Super Micro tumble as earnings fall short of lofty AI expectations
Shares of Advanced Micro Devices and Super Micro Computer sank on Wednesday, sparking a selloff in chip stocks, after their earnings disappointed investors who have piled into the sector on hopes risi...
AMD's mixed earnings reveal a company with a lot to prove — and the goods to do it
Outside of Nvidia NVDA, -1.54%, Advanced Micro Devices AMD, -1.14% remains one of the most amazing stories in tech stocks in recent years. CEO Lisa Su has taken the company from the doldrums to one of...
AMD Drags Down Nvidia Stock After Disappointing Guidance
Analysts had hoped AMD's new guidance for data center chips would be higher.
AMD Stock Tumbles as Full-Year Data Center Outlook Disappoints
Shares in Advanced Micro Devices (AMD) slumped nearly 7% in extended trading Tuesday after the chipmaker's disappointing full-year revenue outlook for its closely watched data center GPU segment overs...
AMD's Position in the A.I. Race
AMD (AMD) reports earnings this afternoon. Ivana Delevska previews these earnings and discusses AMD's position in the A.I.
AMD CEO foresees sustained growth driven by insatiable demand for AI
AMD CEO Lisa Su said it's an exciting time for the industry as the widespread deployment of AI is driving demand for computing power.
AMD Q1 earnings: data center segment surges 80%, but shares fall in extended trading
AMD (NASDAQ:AMD) reported first-quarter results that slightly surpassed Wall Street expectations, with earnings of 62 cents per share on revenue of $5.47 billion, compared to consensus expectations of...