The latest trading session saw Advanced Micro Devices (AMD) ending at $154, denoting a -1.2% adjustment from its last day's close. The stock's change was less than the S&P 500's daily loss of 0.16%. Meanwhile, the Dow lost 0.14%, and the Nasdaq, a tech-heavy index, lost 0.06%.The the stock of chipmaker has fallen by 2.73% in the past month, lagging the Computer and Technology sector's gain of 0.47% and the S&P 500's gain of 1.96%.The investment community will be paying close attention to the earnings perfor ...

Advanced Micro Devices (AMD) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on July 30, 2024, might help the stock move higher if these key numbers are better ...

Advanced Micro Devices (NASDAQ:AMD) stock doesn’t grab as many headlines as Nvidia (NASDAQ:NVDA), but with an average price objective of $193.03, analysts grade AMD stock as a “Strong Buy,” suggesting a 27% potential.AMD’s AI aspirations (including the MI300 AI chips and the MI300X chips) are garnering attraction. Thanks to a consumer-friendly, open strategy, AMD is aggressively vying with Nvidia and has an edge over it; its RX 7900 XTX provides comparable performance at a reduced price.With seven out of th ...

JHVEPhoto Investment thesis My previous bearish thesis about AMD (NASDAQ:AMD) aged decently as the stock substantially lagged behind the broader U.S. market since April with a negative share price change. Today, I want to explain why I remain quite bearish about AMD, especially in light of the upcoming Q2 earnings release. Valuation still looks like a problem as AMD's valuation ratios are sky-high and my optimistic DCF model suggests that the stock is 14% undervalued. The fact that AMD is likely overval ...

SANTA CLARA, Calif., July 22, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced that AMD President Victor Peng is retiring effective August 30, 2024. He will continue to serve on the AMD executive team in an advisory role and support the transition until his retirement date. "Victor re-joined AMD in 2022 following the acquisition of Xilinx and played an important role successfully integrating and scaling our embedded business and leading our cross-company AI strategy," said AMD Chair and CEO Dr. Lis ...

Joint effort enhances the performance and reliability of next-generation data centers with cutting-edge substrate technologySEOUL, South Korea, July 22, 2024 /PRNewswire/ -- Samsung Electro-Mechanics (SEMCO) today announced a collaboration with AMD (NASDAQ: AMD) to supply high-performance substrates for hyperscale data center compute applications These substrates are made in SEMCO's key the technology hub in Busan and the newly built state of the art factory in Vietnam.Picture of Samsung Electro-Mechanics B ...

J StudiosAI has had quite the run over the last year and a half. NVIDIA (NVDA) obviously has been the standout, but many others have rallied alongside it in the last year. However, even though the fundamentals still look strong for AI hardware names, and the capital spending toward AI capacity and software products is only growing as we head into 2025, this group of stocks won't go up continuously. After I saw many of their charts begin to show signs of approaching a top earlier this year, I've been exp ...

These tech stocks can help you build a happy retirement.Many investors want to pick stocks that beat the average return of the market indexes. To achieve that goal, it can be to your advantage to buy shares of promising growth stocks when they go on sale.Here are two growth stocks that recently pulled back off their highs and have phenomenal prospects for above-average returns. These companies are well-positioned in their respective industries, boasting innovative products, solid financials, and strategic g ...

The chipmaker acquired an artificial intelligence lab in Europe for $665 million.When it comes to investing in semiconductor stocks, Nvidia is the top name that comes to mind. However, while the company's H100, A100, and Blackwell graphics processing units (GPU) remain in high demand, it faces its share of challengers.Advanced Micro Devices (AMD -2.69%) is Nvidia's closest competitor. Earlier this month, the company revealed that it was acquiring Silo AI in a deal valued at $665 million. Silo AI is reported ...

Advanced Micro Devices (AMD) shares have declined more than 14% in the past week. The chipmaker's shares suffered heavy losses following a Bloomberg news that the U.S. government is reportedly planning to tighten restrictions on chip exports to China. The United States already prohibits the sale of high-end chips above a certain capability threshold in China.AMD shares declined 10.2% on Jul 17 on the heels of the Bloomberg report. It further declined by 2.3% to close at $155.77 on Jul 18. Year to date, AMD ...