About Advanced Micro Devices, Inc. - Common Stock (AMD)
Advanced Micro Devices is a leading global semiconductor company that designs and manufactures computing and graphics solutions for a wide range of applications. The company is known for its innovative microprocessors, graphics cards, and system-on-chip products, which are used in personal computers, servers, and embedded systems. AMD focuses on high-performance computing, gaming, and data center markets, offering advanced technologies that compete with those of other major players in the industry. By delivering cutting-edge products that push the boundaries of processing power and efficiency, AMD plays a critical role in driving technological advancements and enhancing user experiences across various platforms. Read More
AMD beat Q4 expectations but fell sharply after projecting $9.8 billion in Q1 revenue, shifting investor focus from earnings strength to how quickly data center AI revenue can scale against Nvidia.
A number of stocks fell in the afternoon session after software stocks continued to pull back as investors assessed the potential for new AI automation tools to compete with established software platforms.
A number of stocks fell in the afternoon session after uncertainty increased over when key companies can resume large-scale sales of high-end artificial-intelligence chips to China.
Advanced Micro Devices stock has had heavy, unusual trading in short-term out-of-the-money call options today. Based on the company's strong earnings results yesterday, it could be a bullish signal for AMD stock.
AMD stock is tanking as the management’s Q1 guidance fails to impress shareholders. But Northland Capital analysts recommend buying AMD shares on the post-earnings pullback.
Nvidia stock fell more than 3% on Monday on reports that its planned $100 billion investment in OpenAI had stalled. However, both OpenAI's Sam Altman and Nvidia's Jensen Huang have pushed back on the narrative.
Tim Long of Barclays said the second-quarter revenue increase was fueled by accelerated deployments among major clients, although gross margins tightened as expected.
Market jitters over the sustainability of AI demand and a broader rotation out of high-flying tech stocks have eclipsed Advanced Micro Devices' stellar fourth-quarter earnings.
Editor’s Note: The future prices of benchmark tracking ETFs, the lede, the headline, and the earnings data were updated in the story. U.S. stock futures were fluctuating on Wednesday following Tuesday's negative close. Futures of major benchmark indices were mixed.
