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A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
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S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
US Navy helicopters fire at Yemen's Houthi rebels and kill several in latest Red Sea shipping attack
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A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
Chief Justice Roberts casts a wary eye on the uses of artificial intelligence in the federal courts
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S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
US Navy helicopters fire at Yemen's Houthi rebels and kill several in latest Red Sea shipping attack
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A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
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Advanced Micro Devices (AMD) Stock Price, News & Analysis

$147.41
-1.35 (-0.91%)
(As of 12/29/2023 ET)
Today's Range
$147.20
$151.05
50-Day Range
$93.67
$148.76
52-Week Range
$60.05
$151.05
Volume
62.08 million shs
Average Volume
60.91 million shs
Market Capitalization
$235.86 billion
P/E Ratio
1,228.52
Dividend Yield
N/A
Price Target
$137.43

Advanced Micro Devices MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
6.8% Downside
$137.43 Price Target
Short Interest
Healthy
3.35% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-2.09
Upright™ Environmental Score
News Sentiment
0.99mentions of Advanced Micro Devices in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$9.33 M Sold Last Quarter
Proj. Earnings Growth
50.52%
From $1.92 to $2.89 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Computer And Technology Sector

189th out of 589 stocks

Semiconductors & Related Devices Industry

35th out of 83 stocks


AMD stock logo

About Advanced Micro Devices Stock (NASDAQ:AMD)

Advanced Micro Devices, Inc., also known as AMD, is a semiconductor company operating in the global market. The company was incorporated in 1969 and is one of the oldest semiconductor manufacturers on the market today. Headquartered in Santa Clara, California, Advanced Micro Devices is fundamental to most verticals within the global economy.

Advanced Micro Devices operates in two segments; Computing And Graphics and Enterprise, Embedded, and Semi-Custom. Advanced Micro Devices products span a range of semiconductor applications including microprocessors, chipsets, GPUs, data centers, system-on-a-chip, development services, and technology for gaming consoles which gives it some of the broadest exposure of any semiconductor company today.

Advanced Micro Devices markets its high-performance products under a host of brands that include AMD Ryzen, AMD Ryzen PRO, Ryzen Threadripper, Ryzen Threadripper PRO, AMD Athlon, AMD Athlon PRO, AMD FX, AMD A-Series, AMD PRO A-Series, AMD Radeon graphics, and AMD Embedded Radeon graphics brands and there are pro-models available in all categories.

The company serves OEMs across all verticals, cloud service providers, independent distributors, online retailers, and add-in-board manufacturers through a network of direct sales, independent distributors, and sales representatives that have offices in all major markets.

Advanced Micro Devices is run by a team of industry-leading innovators who believe in the concepts of high-performance and adaptive computing. Adaptive Computing is a technology that can learn and alter its functioning and adapt to meet the needs of its users. The push toward adaptive computing is being led by Dr. Lisa Su who joined the team in 2012 as a Senior Vice President and is now Chairman of the Board and CEO. Before joining Advance Micro Devices Dr. Su spent 18 years working in various positions at two other very high-profile semiconductor companies that are still in operation today.

The factor that makes AMD stand out from the crowd is its twin focus on high-performance computing and high-performance graphics. This focus gives AMD an edge over the competition because it is the best at combining the two aspects into custom solutions that are driving innovations and advancements in other industries and fields of research. The latest innovation, and one hailed as the biggest advance in CPU cache technology in over a decade, is the creation of the AMD EPYC processors which include AMDs 3-D V-Cache technology. The V-Cache technology alters the way data is stored in the cache and is resulting in up to 66% improvement in performance.

If quality, performance, leadership, and innovation aren’t enough to sway an investor Advanced Micro Devices is also a leader in the push toward sustainable and green operations. The company is on track to meet the four pillars of its plan which are 1) a 50% reduction in greenhouse gas emissions by 2030 2) reach a 30X increase in efficiency for many of its processors 3) 100% of suppliers must have public GHG goals and 4) 80% of suppliers sourcing renewable energy by 2025.

AMD Stock Price History

AMD Stock News Headlines

Synopsys stock: Unsung hero of the AI revolution (AMD)
Synopsis, the leading provider of electronic design automation software, is up more than 60% in 2023 as customers AMD, Nvidia and Intel expand AI capabilities.
If Ray Dalio took profits here, then this stock needs to catch up (AMD)
The semiconductor space has squeezed out most of its upside, but there is one stock left to have its own private party; consider this your invitation to buy
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Intel ups the ante in the AI chip arena against Nvidia (AMD)
While the artificial intelligence (AI) computing market has been dominated by Nvidia Co. (NASDAQ: NVDA), new challengers are invading their turf with their own
Top semiconductor stocks for 2024 that aren’t NVIDIA  (AMD)
NVIDIA stands to lose market share to up-and-comers like Advanced Micro Devices and Intel which are launching powerful AI chips in 2024
Semiconductor stocks soar on federal funding, hope for rate cuts (AMD)
Semiconductor stocks, including Broadcom and ON Semi, surged after the White House released funding under the CHIPS Act. Hope for rate cuts also boosted chips.
MarketBeat Week in Review: 12/11 - 12/15 (AMD)
The rally in stocks moved into high gear on hopes for interest rate hikes next year; conditions are right for the rally to continue into 2024.
Will this year's top performing stock ETFs stay hot in '24? (AMD)
Even if there is a clear market rotation, these top performing ETFs will have an opportunity to secure gains and move on to be potential trophy winners in 2024.
New Year's Sale: Get 12 Months of Stock Picks for $9.00
Gear up for what's happening in the stock market in 2024. Our friends at Behind the Markets are offering an opportunity that is simply too good to pass up - 12-months of their best stock ideas for just $9.00. Don't sleep on this.
Oracle’s "weak" results amplifies the outlook for AI accelerators (AMD)
Oracle had a solid quarter but came in weak on a shortfall in capacity which can mean only one thing: increased demand for accelerators from NVDA and AMD.
4 reasons why AMD stock will hit a new all-time high in 2024
Advanced Micro Devices is advancing the AI accelerator market and aims to maintain a solid foothold in this rapidly expanding market.
MarketBeat Week in Review – 12/4 - 12/8 (AMD)
Stocks finished in the green to close the week; investors believe the jobs report will allow the Fed to leave interest rates unchanged when they meet next week
Rambus (RMBS) Introduces Industry's First Gen4 DDR5 RCD
AMD: I Was Too Shortsighted (Rating Upgrade)
AMD: The AI Foothold Is A Major Win
AMD Is Still Being Underestimated
See More Headlines
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Company Calendar

Last Earnings
10/31/2023
Today
12/31/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/30/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:AMD
CIK
2488
Employees
25,000
Year Founded
1969

Price Target and Rating

Average Stock Price Target
$137.43
High Stock Price Target
$200.00
Low Stock Price Target
$80.00
Potential Upside/Downside
-6.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
25 Analysts

Profitability

Net Income
$1.32 billion
Pretax Margin
-0.04%

Debt

Sales & Book Value

Annual Sales
$23.60 billion
Cash Flow
$5.68 per share
Book Value
$33.96 per share

Miscellaneous

Outstanding Shares
1,600,000,000
Free Float
1,588,320,000
Market Cap
$235.86 billion
Optionable
Optionable
Beta
1.68

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AMD Stock Analysis - Frequently Asked Questions

Should I buy or sell Advanced Micro Devices stock right now?

25 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Advanced Micro Devices in the last twelve months. There are currently 3 hold ratings, 21 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AMD shares.
View AMD analyst ratings
or view top-rated stocks.

What is Advanced Micro Devices' stock price target for 2024?

25 equities research analysts have issued 12 month target prices for Advanced Micro Devices' shares. Their AMD share price targets range from $80.00 to $200.00. On average, they predict the company's share price to reach $137.43 in the next twelve months. This suggests that the stock has a possible downside of 6.8%.
View analysts price targets for AMD
or view top-rated stocks among Wall Street analysts.

How have AMD shares performed in 2023?

Advanced Micro Devices' stock was trading at $64.77 at the beginning of 2023. Since then, AMD shares have increased by 127.6% and is now trading at $147.41.
View the best growth stocks for 2023 here
.

When is Advanced Micro Devices' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024.
View our AMD earnings forecast
.

How were Advanced Micro Devices' earnings last quarter?

Advanced Micro Devices, Inc. (NASDAQ:AMD) posted its quarterly earnings data on Tuesday, October, 31st. The semiconductor manufacturer reported $0.70 EPS for the quarter, topping the consensus estimate of $0.68 by $0.02. The semiconductor manufacturer had revenue of $5.80 billion for the quarter, compared to analysts' expectations of $5.70 billion. Advanced Micro Devices had a net margin of 0.94% and a trailing twelve-month return on equity of 5.61%. Advanced Micro Devices's revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.54 EPS.
Read the conference call transcript
.

What is Dr. Lisa Su's approval rating as Advanced Micro Devices' CEO?

1,032 employees have rated Advanced Micro Devices Chief Executive Officer Dr. Lisa Su on Glassdoor.com. Dr. Lisa Su has an approval rating of 99% among the company's employees. This puts Dr. Lisa Su in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 89.0% of employees surveyed would recommend working at Advanced Micro Devices to a friend.

What other stocks do shareholders of Advanced Micro Devices own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Advanced Micro Devices investors own include NVIDIA (NVDA), Micron Technology (MU), Tesla (TSLA), Alibaba Group (BABA), Netflix (NFLX), Intel (INTC), Block (SQ), Walt Disney (DIS), QUALCOMM (QCOM) and PayPal (PYPL).

How do I buy shares of Advanced Micro Devices?

Shares of AMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Advanced Micro Devices have any subsidiaries?
The following companies are subsidiares of Advanced Micro Devices: 1252986 Alberta ULC, AMD (EMEA) LTD., AMD Advanced Micro Devices Israel Ltd., AMD Advanced Research LLC, AMD Corporation, AMD Far East Ltd., AMD India Private Limited, AMD International Sales & Service Ltd., AMD Japan Ltd., AMD Latin America Ltd., AMD Products (China) Co. Ltd, AMD South America LTDA, AMD Technology Development (Beijing) Co. Ltd., ATI International SRL, ATI Technologies (Bermuda) Limited, ATI Technologies (L) Inc., ATI Technologies Inc, ATI Technologies ULC, Advanced Micro Devices (China) Co. Ltd., Advanced Micro Devices (Shanghai) Co. Ltd., Advanced Micro Devices (Singapore) Pte. Ltd., Advanced Micro Devices (U.K.) Limited, Advanced Micro Devices AB, Advanced Micro Devices Belgium N.V., Advanced Micro Devices Global Services (M) Sdn. Bhd., Advanced Micro Devices GmbH, Advanced Micro Devices Malaysia Ltd., Advanced Micro Devices S.A.S., Advanced Micro Devices S.p.A., Advanced Micro Devices Sdn. Bhd., Alchemy Semiconductor, Chengdu Haiguang Microelectronics Technology Co. Ltd., HiAlgo, HiAlgo Inc., Nitero Inc., SeaMicro, SeaMicro Inc., and Xilinx.
Read More
This page (NASDAQ:AMD) was last updated on 12/31/2023 by MarketBeat.com Staff

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