|Bid||16.6700 x 1000|
|Ask||16.6800 x 21500|
|Day's Range||16.4800 - 16.8700|
|52 Week Range||9.0400 - 17.3400|
|PE Ratio (TTM)||110.00|
|Earnings Date||Jul 25, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.74|
Over the last two years, Advanced Micro Devices (AMD) succeeded in winning some market share from NVIDIA (NVDA) and Intel (INTC) in the discrete GPU (graphics processing unit) and PC CPU (central processing unit) market. One year back, AMD re-entered the server CPU market, where Intel holds more than a 99% share. This is a difficult market, as a lengthy qualification process, Intel’s monopoly, and large investment requirements pose major entry barriers. Many server CPU makers like Cavium (CAVM) launched ARM-based server CPUs but were unable to beat Intel.
Shares of chipmaker Advanced Micro Devices Inc. ( AMD) have rallied on a bullish note from one team of analysts who sees a positive earnings surprise in store for the Santa Clara, California-based company. AMD stock gained nearly 2% on Monday after popping 5% on Friday to reach its highest level in 10 months. On Friday, Stifel analyst Kevin Cassidy, who rates AMD at buy, increased his 12 month price target on the stock from $17 to $21, representing a nearly 27% upside from Monday close. He cited strength in AMD's EPYC server CPU business, which he wrote is "winning server designs." He expects the model to gain traction ahead of consensus expectations for 5% unit market share exiting the the fourth quarter of 2018.
U.S. stock futures are trading lower this morning. Wall Street is being pressured by Netflix (NASDAQ:NFLX), which missed subscriber and revenue expectations after the close yesterday. Additionally, traders remain cautious ahead of Federal Reserve Chairman Jerome Powell’s testimony before the Senate Banking Committee later this morning.
Advanced Micro Devices (AMD) first introduced its 14-nm (nanometer) technology in Polaris GPU (graphics processing unit) in Q2 2016, which boosted its discrete GPU market share to 29.9%, according to Jon Peddie Research. This market share increased to 33.7% in Q4 2017 and 34.9% in Q1 2018 as the cryptocurrency boom boosted demand for AMD’s GPUs.
The most noteworthy losers were Ford Motor (NYSE:F) and Chesapeake Energy (NYSE:CHK), which are noteworthy names, but not exactly heavy hitters. Most observers don’t recognize that on the first trading day of this week, decliners outnumbered advancers, and down volume outpaced up volume. To that end, Tuesday’s top trading prospects are stock charts of Walt Disney (NYSE:DIS), Eastman Chemical (NYSE:EMN) and Sealed Air (NYSE:SEE).
SANTA CLARA, Calif., July 16, 2018-- AMD announced today that it will report second quarter 2018 financial results on Wednesday, July 25, 2018 after the close of market. Management will conduct a conference ...
(Note:The author of this fundamental analysis is a financial writer and portfolio manager.) Advanced Micro Devices Inc. ( AMD) stock may be poised to rise by more than 15% by early next year based on recent options trading.
Advanced Micro Devices (AMD) has confirmed the launch of the 7-nm (nanometer) Vega GPU (graphics processing unit) in 2019, which got rumor mills talking about the next-generation Navi GPU. According to the original GPU roadmap, Navi was supposed to arrive in 2018, but the company has delayed the launch. According to Wccftech, the first Navi GPU would hit the market in late 2019 or early 2020.
Advanced Micro Devices, Inc. (NASDAQ: AMD ) is scheduled to report its fiscal second-quarter earnings in late July, and it shouldbe a positive print due to new product ramps, according to Stifel. The Analyst ...
Rumor mills are always churning about Advanced Micro Devices’ (AMD) next GPU (graphics processor units), and this time there are rumors about three GPUs: Polaris, Vega, and Navi. One rumor suggests AMD might launch the third iteration of Polaris under the “Polaris 30” series and the GPU will be built on GlobalFoundries 12-nm (nanometer) node and deliver 15% better performance than its predecessor.
MARKET PULSE Shares of Advanced Micro Devices Inc. (amd) rose 0.6% in premarket trade Monday, after Stifel Nicolaus raised the price target by 24%, citing data showing that the chipmaker's Zen-based CPU line was tracking in-line to slightly better than guidance.
Advanced Micro Devices (AMD) is progressing well in the CPU (central processing unit) market and might even overtake Intel (INTC) in the manufacturing node technology. However, this is not the case with its GPU (graphics processing unit) business, Radeon Technologies Group. RTG got a new senior vice president, David Wang, in early 2018, who replaced its earlier head Raja Koduri. Not only did the leadership of the GPU business change, the GPU roadmap also changed.
As the new trading week begins, Walmart (NYSE:WMT), Cisco (NASDAQ:CSCO) and State Street (NYSE:STT) are shaping up as the most compelling trading prospects. Back in January, Walmart shareholders were thrilled with their recent gains.
Bluefin Research recently returned from a trip to Asia to survey demand in the semiconductor industry. Analyst Paul Peterson expects suppliers to beat Wall Street estimates in the coming earnings season and announce roughly in-line guidance.
Semiconductor stocks have been hot this year — sometimes unreasonably so. Since hitting a high north of $45 back in late January, TSM stock has been the dog of the semiconductor sector. The shares are down more than 20% during this period, compared to rallies in a majority of Taiwan Semi’s competitors, including Advanced Micro Devices (NASDAQ:AMD) and Micron (NASDAQ:MU).
Here are some things going on today in the world of tech: Two more analysts have downgraded Broadcom (AVGO) on its proposed acquisition of CA (CA), sending the stock down $2.18, or 1%, to $207.80. One persistent worry for GPUs has been the ebbs and flows of the cryptocurrency market, but "gamer demand also appears relatively muted,” writes Peterson.
Advanced Micro Devices (AMD) launched its first-generation 14-nm Ryzen CPUs (central processing unit) in Q2 2017, which helped it take some market share from Intel (INTC). Its CPU stock crossed 20% in Q3 2017 as its Ryzen Threadripper helped it gain share in the high-end CPU market. However, Intel launched its eighth-generation Coffee Lake processor in Q4 2017 and regained some of the market share it lost to AMD.
Advanced Micro Devices (AMD) is using Infinity Fabric to leverage its Zen cores across low, mid, and high-end PC and server CPUs (central processing units). An example of this is Ryzen Threadripper, which came as a surprise to the Ryzen product suite. Threadripper’s architecture is similar to that of EPYC server CPU with some inactive cores and lesser memory.
Other analysts are bullish on AMD over its increasing competitiveness with its stronger rival Intel (INTC). Intel and AMD operate in a duopoly market where one’s loss is other’s gain. The two stocks are moving in opposite directions as AMD is gaining market share from Intel in the server and PC CPU market.
Moore’s Law, in which every node shrink improves performance and efficiency, is slowing, and the growing demand for efficiency and performance has called for the need to go beyond Moore’s Law. Advanced Micro Devices (AMD) and Intel (INTC) are doing so using heterogeneous computing. AMD uses Infinity Fabric technology that interconnects its CPUs (central processing units), GPUs (graphics processing units), I/O (input/output) path, and memory.
Some Wall Street analysts are bearish on Advanced Micro Devices (AMD) due to the end of the cryptocurrency boom. However, some analysts have become bullish on AMD because of its developments in the server space.
Advanced Micro Devices (AMD) is moving fast on its product and process technology ramp. It has started volume production of its Zen Plus PC processors on Global Foundries’ 12-nm (nanometer) node and is set to start volume production on 7-nm nodes in 2019. At the JPMorgan Global Technology, Media, and Communications Conference, AMD’s chief executive officer, Lisa Su, stated that unlike the 14-nm node, which started with PCs and then server processors, the seven-nm node would start with server processors and then move to PCs.
SANTA CLARA, Calif., July 12, 2018-- AMD today announced key promotions that extend senior-level focus on company growth. AMD named“ Zen” chief architect Mike Clark an AMD corporate fellow; promoted Darren ...