10.12 +0.01 (0.10%)
After hours: 6:31PM EDT
|Bid||10.11 x 11500|
|Ask||10.12 x 1000|
|Day's Range||9.99 - 10.33|
|52 Week Range||9.04 - 15.65|
|PE Ratio (TTM)||252.75|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Advanced Micro Devices is on a roll with chip releases, the likes of which it hasn’t achieved in more than a decade. On the back of solid and consistent execution, the Ryzen 2000-series of PC processors launches this week and addresses several critical consumer markets. Previously called the Pinnacle Ridge platform, this new family of processors is aimed at the DIY (do-it-yourself) and personal-computer (PC) gaming markets, in addition to computer manufacturers such as Dell and HP (HPQ).
Shares of Advanced Micro Devices Inc. announced Thursday the launch of its second-generation Ryzen desktop processors. AMD said the new processors, which are optimized for gaming, have the world's first ...
2017 was quite the year for Advanced Micro Devices who came from the throes of corporate peril to a sustainable entity to a product performance leader in certain products, workloads, and markets. When was the last time you saw this? AMD’s client computing group, in one year, announced Ryzen ThreadRipper, Ryzen (7, 5, 3), Ryzen Mobile for notebooks and Ryzen Pro for commercial markets. AMD made a much bigger impact in desktops than in notebook and gained a profitable 2.1% desktop market share (Mercury Research), but I am expecting notebook gains in the first half of 2018 with new models I see from HP Inc., Dell, and Lenovo. Intel does not like to see any benchmark bars or even price/performance bars higher than theirs, and let’s not forget that Qualcomm has entered the space, too.
As the market charges ahead into corporate earnings reporting season, one team of analysts on the Street has highlighted a handful of stocks it sees as set to perform the best amid a pricey U.S. stock market, as outlined by CNBC.
As bearish as I’ve been on Advanced Micro Devices, Inc. (NASDAQ:AMD), I can’t say I saw the recent decline in AMD stock coming. Just north of that level, Advanced Micro Devices stock does look more interesting. Cryptocurrency mining weakness and reports of serious flaws have weighed AMD stock down so far.
In this series, we’ve learned that Advanced Micro Devices (AMD) has strong growth prospects, but its poor financial health makes it a risky bet because it doesn’t have the capability to withstand a downturn without reporting losses. Hence, AMD has been a favorite of options traders and short-term investors looking to see quick capital gains from the stock’s volatility. Over the last year, AMD stock has underperformed the S&P 500 Index (SPY) and its peers.