Microsoft rises after tech giant says it will spend $80B in data centers in 2025
Seeking Alpha News (Fri, 3-Jan 2:27 PM ET)
Nvidia’s (NVDA) Popularity Rises Among Fund Managers, According to BofA
TipRanks (Fri, 3-Jan 1:33 PM ET)
Nvidia expands reach as most widely owned semi among fund managers: BofA
Seeking Alpha News (Fri, 3-Jan 12:53 PM ET)
Benzinga (Fri, 3-Jan 5:23 AM ET)
TipRanks (Thu, 2-Jan 11:45 PM ET)
TipRanks (Thu, 2-Jan 11:45 PM ET)
‘Time to Strike,’ Says Investor About AMD Stock
TipRanks (Thu, 2-Jan 8:38 PM ET)
Intel (NASDAQ:INTC) Augments LG Laptops, Faces Challenges
TipRanks (Thu, 2-Jan 3:05 PM ET)
AMD Bearish Calendar Put Spread Appears to be a Good Buy at 75 Cents
Market Chameleon (Thu, 2-Jan 2:12 PM ET)
Why Investors Should Buy-the-Dip in AMD (AMD) Stock
TipRanks (Thu, 2-Jan 2:06 PM ET)
Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers, industrial, and automotive applications. AMD's traditional strength was in central processing units and graphics processing units used in PCs and data centers. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. In 2022, the firm acquired field-programmable gate array leader Xilinx to diversify its business and augment its opportunities in key end markets such as data center and automotive.
Advanced Micro Devices trades on the NASDAQ stock market under the symbol AMD.
As of January 3, 2025, AMD stock price climbed to $124.79 with 22,347,110 million shares trading.
AMD has a beta of 2.69, meaning it tends to be more sensitive to market movements. AMD has a correlation of 0.45 to the broad based SPY ETF.
AMD has a market cap of $202.51 billion. This is considered a Mega Cap stock.
Last quarter Advanced Micro Devices reported $7 billion in Revenue and $.92 earnings per share. This beat revenue expectation by $109 million and met earnings estimates .
In the last 3 years, AMD traded as high as $227.30 and as low as $54.57.
The top ETF exchange traded funds that AMD belongs to (by Net Assets): VTI, VOO, QQQ, SPY, IVV.
AMD has underperformed the market in the last year with a return of -10.0%, while the SPY ETF gained +26.7%. In the last 3 month period, AMD fell short of the market, returning -21.9%, while SPY returned +4.4%. However, in the most recent 2 weeks AMD has outperformed the stock market by returning +5.0%, while SPY returned +1.7%.
AMD support price is $117.86 and resistance is $123.40 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMD shares will trade within this expected range on the day.