|Bid||16.74 x 1800|
|Ask||16.75 x 2900|
|Day's Range||16.31 - 17.29|
|52 Week Range||9.04 - 17.34|
|PE Ratio (TTM)||109.67|
|Earnings Date||Jul 23, 2018 - Jul 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.31|
It’s not exactly news that tech giant Intel Corporation (NASDAQ:INTC) is getting into the graphics card game. The company confirmed it in November when it formed its Core and Visual Computing division with the explicit purpose — among other things — of creating a discrete high-end graphics processing unit (GPU). What owners of INTC stock didn’t know was when that endeavor might begin to bear revenue.
Chip stocks are being dumped. fell 1.70%, 1.60%, 3.20% and 2.60% respectively in morning trading Tuesday as broader markets tumbled on concern about the United States' deteriorating trade relationship with China. Computer chip makers were among the most affected by the rout, as they are highly vulnerable to increased tariffs from China.
Advanced Micro Devices (AMD), which is an American multinational semiconductor company that focuses on developing computer processors and related technologies, was the S&P 500’s second-best performer on June 18. Last week, Advanced Micro Devices closed higher and clocked the tenth consecutive weekly gain. Carrying forward the strength, Advanced Micro Devices started Monday on a stronger note and rose to the highest levels traded in 11 years.
Begun the trade wars have. U.S. stock futures are careening lower this morning. President Donald Trump threatened $400 billion in more tariffs on China yesterday.
In early April, I tweeted about the potential breakdown of Advanced Micro Devices, Inc. ( AMD) stock from its 15-month bull flag and its potential implications for the stock. Now that I've used my one joke per post allowance, let's move onto how the stock has performed since. Below is that same weekly chart of AMD from April showing the bull flag that formed beginning in early 2017 as the stock looked to digest strong gains from late 2015 through 2017.
Intel stock falls after Northland Capital Markets warns ‘process technology’ leadership disappearing in rare downgradeNorthland Capital Markets downgraded Intel stock to the equivalent of a sell, one of only three analysts to warn against Intel. Competitive pressures from Advanced Micro Devices Inc. and others prompted a rare bearish call Monday for Intel Corp. “Intel’s (INTC) process technology leadership is diminished if not evaporated,” wrote Northland Capital Markets analyst Gus Richard, who downgraded Intel’s stock to underperform from market perform.
One of the most surprising beneficiaries of the cryptocurrency gold rush of the past few years is the GPU (graphic processing unit) industry. As a vital component for mining computers to efficiently solve hashing algorithms, GPUs have become a premium commodity, leading to a scarcity in supply and a spike in prices for even lower-tier graphics cards. Without GPUs, it would be significantly harder and take substantially longer to mine coins.
NEW YORK, NY / ACCESSWIRE / June 19, 2018 / U.S. markets finished mostly lower on Monday, with the Dow logging its 5th straight decline, on fears of growing trade tensions between the U.S. and China. The ...
NEW YORK , June 19, 2018 /PRNewswire/ -- Hynes Keller & Hernandez, LLC is investigating potential claims against the Board of Directors of Advanced Micro Devices, Inc. (NASDAQ: AMD) concerning possible ...
Intel Corporation (NASDAQ:INTC) shares were declining throughout regular trading hours Monday as the company received a downgrade from an analyst over mounting competition. Northland Capital Markets analyst Gus Richard downgraded the stock in a note to investors from market perform to underperform due to CPU competition from the likes of Advanced Micro Devices, Inc. (NASDAQ:AMD) and other companies developing similar products. “Intel’s process technology leadership is diminished if not evaporated,” wrote Richard.
Advanced Micro Devices (AMD) saw its stock price pop over 5% on Monday to hit a new 11-year high on the back of positive analyst sentiment, which also pointed directly to its ability to compete against chip giant Intel (INTC).
AMD, founded in 1969, develops computer processors and related technologies for business and consumer markets. The company trails behind rival Intel Corp. ( INTC) in the market for x-86-based microprocessors, and competes against Nvidia Corp.
Shares of Wall Street superstar Micron (MU) opened slightly lower on Monday, just two days before the company is set to release its third-quarter fiscal 2018 financial results. So let's take a look to see why the semiconductor giant looks like a strong buy stock that investors might want to consider scooping up before Micron reports on Wednesday afternoon.
Shares of Intel Corp. are down 4.5% in Monday morning trading after Northland Capital Markets analyst Gus Richard downgraded the stock to underperform from market perform. He predicts that server growth ...
AMD stock is up at least 30% for you, and if you stepped in at the early April low, you’re sitting on 66% gain. Advanced Micro Devices shares may look and feel red hot right now, but the rally’s carried AMD stock a little too far, too fast, and a pullback is nigh. Just to stave off that pushback though, something needs to be made clear from the get-go: This isn’t an indictment of the company.
Takeovers can occur for several reasons. Sometimes a successful, larger company, in order to become even more dominant, wants to acquire superior technology or a popular product developed by a smaller rival. Other times a struggling, larger company, to prevent its financial results from sinking, looks to acquire a successful rival.
It’s been quite the roller coaster for Micron Technology, Inc. (NASDAQ:MU) stock of late. A long bull run driven by strengthening pricing in DRAM and NAND sent the stock above $60 for the first time in 18 years back in March. Within weeks, MU stock was near $45.
Advanced Micro Devices, Inc. (NASDAQ:AMD) has staged an incredible recovery over the past two months. AMD stock bottomed out at $9 in April. That appeared to be a decisive breakdown out of the $10-$15 trading range that AMD stock has long stayed within.