|Bid||73.62 x 1200|
|Ask||73.45 x 1300|
|Day's Range||72.69 - 75.43|
|52 Week Range||72.69 - 164.46|
|Beta (5Y Monthly)||1.81|
|PE Ratio (TTM)||22.72|
|Earnings Date||Apr 25, 2022 - Apr 29, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Apr 27, 1995|
|1y Target Est||136.80|
When it comes to making powerful computer chips, Advanced Micro Devices (NASDAQ: AMD) is best-in-class. Chips, which are commercially known as semiconductors, have become one of the most important manufacturing components as consumer devices and commercial infrastructure demand an increasing amount of computing power. AMD is responsible for powering consumer product royalty.
Advanced Micro Devices (NASDAQ: AMD) and Intel (NASDAQ: INTC) are two semiconductor companies that provide numerous solutions for the PC market. Today's video focuses on the recent report by Gartner that forecasts the slowdown of PC shipments in 2022, which could be one reason semiconductor stocks are down on Friday.
Is the world moving towards a global recession? That looks like a real possibility and one Wall Street analyst is already convinced that is the case. But along with believing a global recession is around the corner, Northland’s Gus Richard also thinks that, in general, semiconductor companies' estimates are “too high.” Now the 5-star analyst has been making some tweaks to his model for one of the segment’s giants. On the one hand, to account for a global recession, Richard has cut $2.8 billion o