AMD - Advanced Micro Devices, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
33.00
-0.60 (-1.79%)
At close: 4:00PM EDT

33.18 +0.18 (0.55%)
After hours: 7:59PM EDT

Stock chart is not supported by your current browser
Previous Close33.60
Open33.03
Bid33.16 x 1000
Ask33.10 x 900
Day's Range32.42 - 33.45
52 Week Range15.72 - 34.86
Volume55,891,914
Avg. Volume68,775,711
Market Cap35.693B
Beta (3Y Monthly)3.37
PE Ratio (TTM)132.53
EPS (TTM)0.25
Earnings DateJul 30, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date1995-04-27
1y Target Est31.21
Trade prices are not sourced from all markets
  • Here's What to Expect from AMD's Q2 Earnings
    Zacks3 hours ago

    Here's What to Expect from AMD's Q2 Earnings

    Advanced Micro Devices (AMD) is set to report its Q2 earnings on Wednesday, July 24. The semiconductor firm's stock has surged 79% for far this year.

  • Barrons.com7 hours ago

    AMD Stock Is Falling, and One Analyst Says It’s Time to Take Profits

    It may be time to take some profits following (AMD) stock’s stunning rise this year, according to Mizuho Securities. Advanced Micro Devices (ticker: AMD) makes processors that act as the main computing brains for PCs, servers, and graphics cards, competing with (INTC) (INTC) and (NVDA) (NVDA). AMD stock has risen more than 75% so far this year as investors have grown optimistic about the company’s product offerings for 2019.

  • Benzinga7 hours ago

    AMD Loses A Bull: Mizuho Points To Valuation, Limited Upside In Downgrade

    Advanced Micro Devices, Inc. (NASDAQ: AMD ) shares are up about 82% year-to-date, with the stock hitting a 52-week high of $34.86 on Tuesday. The Analyst Mizuho Securities analyst Vijay Rakesh downgraded ...

  • Schaeffer's Investment Research10 hours ago

    Advanced Micro Devices Options Bulls Brush Off Rare Bear Note

    AMD stock has roughly doubled over the past 12 months

  • Investing.com10 hours ago

    StockBeat- AMD Slumps as Mizuho Warns of 'Limited Upside'

    Investing.com – Advanced Micro Devices (NASDAQ:AMD) shares slid on Thursday as Mizuho called time on the chipmaker’s dramatic rally, citing “limited upside” ahead.

  • AMD stock falls after analyst says massive rally is over
    MarketWatch10 hours ago

    AMD stock falls after analyst says massive rally is over

    Advanced Micro Devices Inc. shares are falling in Thursday morning trading after Mizuho analyst Vijay Rakesh downgraded the stock to neutral on concern about September quarter shipments, while a strong rally this year has left limited room for upside.

  • Top 7 Semiconductor ETFs to Buy Now
    InvestorPlace11 hours ago

    Top 7 Semiconductor ETFs to Buy Now

    Editor's note: This story was previously published in February 2019. It has been updated and republished.Semiconductor stocks proved to be important drivers of the broader technology sector's upside in 2018. Just look at the widely followed PHLX SOX Semiconductor Sector Index, which is up 9.60% year-to-date. Investors looking to profit should consider semiconductor ETFs.Shares of Advanced Micro Devices (NASDAQ:AMD) have recently been buoyed by a spate of bullish analyst commentary, including a round of upward price target revisions.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOn the other hand, there are risks associated with semiconductor stocks and exchange-traded funds (ETFs). Late last year, Morgan Stanley waxed bearish on the semiconductor group:"Memory markets have worsened in recent weeks. For DRAM [memory chip], demand is weakening, inventory and pricing pressures are building, and vendors are struggling to move bits," according to Morgan Stanley. "In NAND [flash memory], there is just too much supply. Earnings risks are emerging from 3Q and our cautious view on memory is playing out."Semiconductor stocks and ETFs are also facing headwinds created by the U.S.- China trade war."The U.S. semiconductor industry will warn President Donald Trump's administration that curbs on exports of chips and equipment to China could damage American jobs," according to Nikkei Asian Review. * 7 Stocks Top Investors Are Buying Now Of course, positive surprises are always possible and negative expectations are not etched in stone. But investors looking to make bullish chip bets can consider these seven semiconductor ETFs -- instead of risking their money in individual chip stocks. iShares PHLX Semiconductor ETF (SOXX)Expense ratio: 0.47% per year, or $47 on a $10,000 investment.One of the largest semiconductor ETFs, the iShares PHLX Semiconductor ETF (NASDAQ:SOXX) targets the aforementioned PHLX SOX Semiconductor Sector Index. This is a cap-weighted fund, meaning it tilts toward the largest semiconductor stocks. Click to Enlarge Source: Shutterstock Qualcomm (NASDAQ:QCOM), NVIDIA and Texas Instruments (NASDAQ:TXN) are the three largest holdings in SOXX, combining for over 26% of the fund's roster. Fortunately for SOXX investors, this semiconductor ETF is not heavily allocated to Micron Technology (NASDAQ:MU), a stock that has been absolutely drubbed in recent sessions.The larger-cap weighting may help undercut some of the volatility in store for semiconductor ETFs and stocks if the U.S.-China trade war continues. VanEck Vectors Semiconductor ETF (SMH)Expense ratio: 0.35% per yearIn general, semiconductor ETFs are focused funds and the VanEck Vectors Semiconductor ETF (NYSEARCA:SMH) is even more focused than rival SOXX. This semiconductor ETF is home to 25 stocks, compared to 30 in SOXX. Click to Enlarge Source: Shutterstock Like SOXX, SMH is somewhat top-heavy, but there are some differences among the semiconductor ETFs' components.The VanEck fund devotes a combined 24.47% of its weight to Taiwan Semiconductor (NYSE:TSM), Intel (NASDAQ:INTC) and NVIDIA. * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip SMH's large allocations to semiconductor names like Intel and Taiwan Semiconductor put the fund front-and-center at demand trends for personal computers and related devices as well as mobile phones. SMH's top 10 holdings, a group combining for over 58% of the fund's weight, do not include Advanced Micro Devices. SPDR S&P Semiconductor ETF (XSD)Expense ratio: 0.35% per yearThe semiconductor ETFs mentioned above are cap-weighted funds, but the SPDR S&P Semiconductor ETF (NYSEARCA:XSD) is an equal-weight ETF, a strategy to consider for investors looking for exposure to mid- and small-cap semiconductor names. Click to Enlarge Source: FlickrNone of XSD's 34 holdings exceed weights of 5.79%. Additionally, this semiconductor ETF featured Advanced Micro Devices as its largest holding, a trait not widely found among funds in this category.Owing to the equal-weight methodology, XSD does not feature Intel nor Texas Instruments among its top 10 holdings, making this semiconductor ETF one to consider for investors looking to diversify away from some of the industry's largest names.Invesco Dynamic Semiconductors ETF Expense ratio: 0.61% per yearKeeping with the theme of semiconductor ETFs with non-cap-weighted methodologies, there is the Invesco Dynamic Semiconductors ETF (NYSEARCA:PSI). PSI offers a truly smart beta approach to semiconductor stocks. Click to EnlargeThe Dynamic Semiconductor Intellidex Index, PSI's underlying benchmark, evaluates "companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value," according to Invesco.PSI's exposure to the quality and value factors, in particular, could be of use to investors at a time when analysts and market observers are concerned about the semiconductor industry's outlook into year-end.Additionally, semiconductor stocks are viewed as somewhat overvalued relative to broad equity benchmarks, so PSI's value exposure could be a trait to embrace. Twenty-seven percent of the fund's holdings are classified as value stocks. * 7 Dependable Dividend Stocks to Buy PSI's price-to-earnings ratio of 27.77 is above the comparable metric on SOXX. First Nasdaq Semiconductor ETF (FTXL)Expense ratio: 0.60% per yearThe First Nasdaq Semiconductor ETF (NASDAQ:FTXL) is another smart beta approach to semiconductor ETFs, but with a different approach than the aforementioned PSI. Click to Enlarge Source: Shutterstock FTXL turns two years old this month, making it the youngest semiconductor ETF highlighted here. The fund tracks the Nasdaq U.S. Smart Semiconductor Index. That index employs low volatility, growth and value factors in its stock selection process.FTXL's value trait focuses on cash flow-to-price, while its growth factor emphasizes price appreciation over four time-frames -- ranging from three to 12 months. Even with its smart beta methodology, FTXL's 28 holdings tilt toward the largest semiconductor stocks with Texas Instruments and Intel combining for 15.32% of the fund's weight. SPDR Kensho Intelligent Structures ETF (XKII)Expense ratio: 0.46% per yearThe SPDR Kensho Intelligent Structures ETF (NYSEARCA:XKII) is not a pure semiconductor ETF, but the fund does feature sizable exposure to chip stocks. Among the 14 industry groups represented in XKII, semiconductors is the second-largest at 12.11%. Click to Enlarge Source: Shutterstock XKII components provide exposure to following next-generation investment themes: smart building infrastructure, smart power grids, intelligent transportation infrastructure and intelligent water infrastructure. * 10 Stocks to Sell for an Economic Slowdown XKII's underlying index "goes beyond well-known traditional Industrial firms by including companies involved in intelligent and connected home technologies, smart power grid technology, road sensors, traffic management infrastructure and smart water meters from other GICS sectors," according to State Street Global Advisors (SsgA). ROBO Global Robotics & Automation Index ETF (ROBO)Expense ratio: 0.95% per yearThe ROBO Global Robotics & Automation Index ETF (NASDAQ:ROBO), along with other robotics ETFs, feature some semiconductor exposure because chips are integral parts of many of the products tied to the booming artificial intelligence and robotics investment themes. Click to Enlarge Source: Shutterstock Nearly half of ROBO's 87 holdings are classified as technology stocks. That group includes companies with exposure to artificial intelligence, computer processing, actuation, sensing and integration. All of those endeavors require some use of semiconductors."Some investors still see robotics and AI as niche investments," said ROBO Global. "But more and more, even the most risk-averse among them are realizing that it is a niche that demands a presence in every long-term portfolio. Why? Because the scope of robotics and AI is vast, and the massive impact it will have on every industry in every part of the world is now undeniable."As of this writing, Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal The post Top 7 Semiconductor ETFs to Buy Now appeared first on InvestorPlace.

  • Free Cash Flow Is the Key to Whether or Not Nvidia Stock Is a Buy
    InvestorPlace14 hours ago

    Free Cash Flow Is the Key to Whether or Not Nvidia Stock Is a Buy

    Nvidia's (NASDAQ:NVDA) first-quarter results left a lot to be desired despite beating analyst estimates. While revenues and earnings were better than expected, the top line still saw a 31% decline over the same period last year, sending Nvidia stock to $133 before recovering throughout June.Source: Shutterstock As I write this, the Nvidia stock price is 34% higher than its 52-week low of $124.46 and 43% lower than its 52-week high of $292.76. While it's almost a certainty Nvidia stock won't hit its 52-week high anytime soon, the idea of it hitting its January lows remain on the table for the remainder of 2019. What Nvidia reports in August will have a significant bearing on the future direction of its stock price.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip A Closer Look at NVDA StockMy InvestorPlace colleague Tom Taulli recently weighed in on Nvidia's stock price suggesting that in the near-term, NVDA will face significant volatility, due in large part to the terrific job Advanced Micro Devices (NASDAQ:AMD) CEO Lisa Su is doing to innovate at a rapid pace, taking market share from some of its bigger rivals including Nvidia. There is no question that AMD is turning heads, but Nvidia needn't worry that it's losing a little business to Su. Instead, it should continue investing in R&D to innovate its way out of its latest slowdown. To do that it's got to continue generating free cash flow, the one thing it's got that AMD doesn't. AMD can't afford to make any mistakes at this point. If it does slip up, investors will punish its stock, customers will think twice about buying its product, and profits will become losses in a hurry. The Free Cash Flow AdvantageIn my most recent article about Nvidia, I couldn't stress enough how important it is for the company to generate free cash flow. It's the fuel that drives innovation. Without it, you're hopelessly stuck in neutral. I love companies that generate free cash flow. It's even better if they can grow FCF by double digits over the long haul. Those that can see their stock prices go higher over time; those that can't see their stock prices go lower. It's that simple. So, come Aug. 15, Nvidia needs to demonstrate that it's doing what's necessary to maintain its current levels of free cash. It doesn't need to be hitting it out of the park (given recent sales declines we know that's not happening) but it does need to show that it's got a handle on the cash going out the door. In the first quarter, Nvidia saw a significant drop in its free cash flow. In Q1 2019, Nvidia had $1.33 billion in free cash flow. In Q1 2020, it dropped by 55% to $592 million. Naturally, its non-GAAP earnings per share in the same period fell by 57%. The two usually go together. Where will it be after the second quarter?After two quarters in fiscal 2019, Nvidia's free cash flow was $2.11 billion, up from $879 million a year earlier. FCF was 33% of its revenue for the first six months of the fiscal year. In fiscal 2018, its FCF for the first six months was 21% of $4.17 billion in sales.In Q1 2020, free cash flow was just less than 27% of its $2.22 billion in revenue. I expect that Nvidia's second-quarter will come in somewhere in the 20s, hopefully, higher than lower.Analysts expect Nvidia to generate revenues of $11 billion in 2020. Based on a 25% rate of free cash flow generation on the year, Nvidia should still be able to deliver almost $3 billion in FCF. AMD on a trailing 12-month basis used $251 million in free cash flow. Over the past five years, it's averaged -$143 million in free cash flow; I doubt it will be cash-flow positive in its latest fiscal year. So, the fact that Nvidia is trading at 32 times its 2020 earnings compared to 51 times for AMD, and it generates a lot of free cash flow, makes me feel much better about NVDA stock as a long term play. The Bottom Line on Nvidia StockWhen Nvidia reports its Q2 2020 earnings in August, I'll be looking at how much free cash flow it generates from its revenues. If it's in the 20s, I wouldn't be concerned. If it's lower than that, I'd begin to reassess why you own its stock. Long term, Nvidia's a great hold. However, as my colleague said, it's going to see some volatility over the next few months and into 2020.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post Free Cash Flow Is the Key to Whether or Not Nvidia Stock Is a Buy appeared first on InvestorPlace.

  • Too Far, Too Fast: Top Analyst Downgrades AMD To Hold
    TipRanks14 hours ago

    Too Far, Too Fast: Top Analyst Downgrades AMD To Hold

    Advanced Micro Devices (AMD) investors have enjoyed stellar returns so far in 2019. Year-to-date the stock has exploded by 82%. But now is the time for caution, advises five-star Mizuho Securities analyst Vijay Rakesh.This top-performing analyst has been a long-time AMD bull- upgrading the chip stock from Hold to Buy back in December 2016. However, Rakesh is now moving to the sidelines due to the stock’s increasingly pricey valuation. That’s despite a price target boost from $33 to $37, which from current levels indicates upside potential of just over 10%.In a July 18 report, the analyst tells investors “While we continue to like AMD with a solid Ryzen/Rome portfolio and new product ramps, we are downgrading to Neutral after a stellar 80%+ run-up YTD.” In comparison, the semiconductor tracking index SOX is up just 30%. Indeed, the last time AMD was at these levels was in January 2006 with the Opteron cycle, and before that, back in 2000.As a result, the analyst sees limited near-term upside potential for AMD. Rakesh explains: “With the stock past our PT and at 10-yr high, we see 2H upside more limited with 1) 1H19 PC pull-in, 2) slower 2H Rome ramps, and 3) overall 2H server/spending inline combined with INTC pricing pressure.”Most notably, AMD’s larger rival Intel (INTC) is getting more aggressive with DC/Server pricing with discounts and upgrades to 4S servers. According to Rakesh, INTC could be approving higher 15%+ "meetcomp discounts" as it competes with AMD versus historical ~5% discounts. Plus it is also shifting to 4S/8S socket servers as AMD does not have a 4S server offering. “We also believe [Intel’s] 8GPU servers are up 15-20% with increasing demand and 16GPU servers ramping into mass production at a higher price point” adds the analyst. And even though AMD started 7nm production Rome shipments in 2Q/June, the analyst expects product volume ramps only later in 4Q19/1Q20.With this in mind, Rakesh concludes “We are moving to the sideline near-term, lowering our 2H estimates, and adjusting PT to $37 (prior $33) given good execution and improving SOX multiples.” However, AMD supporters can take heart from the fact that the bull thesis remains intact. Indeed, Rakesh is clear that he would re-examine his current call should prices pullback: “We would revisit at a more attractive entry point as the we believe long-term 7nm Server/DT roadmap still intact” he says. So watch this space. Word on the StreetOverall we can see that the Street has a relatively optimistic Moderate Buy analyst consensus on AMD. In the last three months, 13 analysts have published buy ratings on the stock vs 8 hold ratings. However the average analyst price target of $33.53 paints a more troubling picture, suggesting 0.2% downside potential for the stock from current levels. The stock’s biggest bull right now is Rosenblatt’s Hans Mosesmann with a $42 price target (25% upside potential). The analyst writes: “We expect AMD’s roadmap to continue to improve in the coming years while Intel’s desktop CPUs likely stagnate at 14nm++ until 7nm is available in 2022.”

  • Apple Chip Supplier’s Solid Performance Shows Resilience in Trade Fight
    Bloomberg16 hours ago

    Apple Chip Supplier’s Solid Performance Shows Resilience in Trade Fight

    (Bloomberg) -- Taiwan Semiconductor Manufacturing Co. projected current-quarter revenue ahead of estimates, as the Apple Inc. supplier shrugs off a smartphone slump and U.S. sanctions on Huawei Technologies Co. to ride demand for cutting-edge chips.The world’s largest contract chipmaker expects sales of $9.1 billion to $9.2 billion in the September quarter, ahead of average projections for about $8.9 billion. The Taiwanese company earlier reported a fall in June-quarter net income to NT$66.8 billion ($2.1 billion), surpassing the NT$65.7 billion estimated.TSMC’s solid outlook may allay fears of a persistent global chip downturn as Washington and Beijing clash. Its technological edge in chipmaking may help it grab an outsized portion of demand for advanced high-performance semiconductors, particularly as countries roll out ultra-fast fifth generation wireless networks. TSMC’s business has bottomed and should begin to rebound, Chief Executive Officer C. C. Wei said.“We have passed the bottom of the cycle of our business, and should see our demand increase,” he told reporters in Taipei Thursday. “We see very, very strong demand” in the second half of 2019.Click here to read a liveblog of TSMC’s post-announcement briefingOrders for crypto-mining gear are expected to help TSMC’s third-quarter sales, according to Morgan Stanley, which recently lifted its target price on the stock by 9%. The typical year-end ramp up of iPhone manufacturing and a new chip-product cycle from Advanced Micro Devices Inc. could also buoy the top line.“The guidance shows that management is confident on the recovery of demand in 2H, possibly boosted by new orders from AMD,” Bloomberg Intelligence Charles Shum said. “And, we expect the gross margin can return to 50%” by the fourth quarter.TSMC and its industry peers are grappling with a plateauing smartphone market, efforts by top customer Apple to move beyond hardware, and U.S. tech-export curbs that have hammered No. 2 customer Huawei. It previously reported a 4.5% slide in first-half revenue -- its worst January-to-June performance since 2011.While top executives expressed confidence that things are turning around, they warned of uncertainty springing from global trade tensions. Japan’s curbs on the export to South Korea of certain vital chipmaking materials could hammer industry players like Samsung Electronics Co., and further depress global smartphone demand.“The recent Japan-Korea dispute is probably the most uncertain” factor for TSMC’s fourth quarter, Chairman Mark Liu said.As the world’s largest player in the business of made-to-order chips, TSMC is a barometer for the broader industry as well as Apple, which accounts for about a fifth of its revenue. While uncertainty remains, its better-than-projected outlook underscores expectations the industry is bottoming out after a dismal few years, when consumers took longer to replace their smartphones and Bitcoin prices collapsed.The company on Thursday signaled its intention to invest for the future, saying its spending on capacity and upgrades could exceed $11 billion this year.TSMC’s shares stood largely unchanged before the announcement and have gained more than 12% this year.(Updates with commentary around Japan and Korea from the 7th paragraph.)\--With assistance from Cindy Wang, Gao Yuan, Sheryl Tian Tong Lee and Adela Lin.To contact the reporter on this story: Debby Wu in Taipei at dwu278@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • TSMC Counts on New iPhones for Revival After Trade War Hit
    Bloomberg23 hours ago

    TSMC Counts on New iPhones for Revival After Trade War Hit

    (Bloomberg) -- All eyes will be on Taiwan Semiconductor Manufacturing Co.’s outlook after the world’s largest contract chip manufacturer suffered its worst sales drop in nearly eight years.Analysts expect the company’s third-quarter estimates -- due today after the close of trading -- to point to a revival after it took a hit from slowing demand amid U.S.-China trade tensions. At stake is the stock’s $35 billion rebound in market value since a January low.Apple Inc.’s ramp up of iPhone manufacturing and a new product cycle from Advanced Micro Devices Inc. are seen by Bank of America Merrill Lynch analysts to lift sales, which would also be boosted if President Donald Trump loosens trade restrictions on key customer Huawei Technologies Co.TSMC’s Sales May Swing Back to Growth on Huawei Orders: ReactAnalysts have forecast sales in the period to grow 15% from a quarter earlier, according to the average of 22 estimates compiled by Bloomberg. The company’s shares are up 12% this year, despite being whipsawed as the trade war escalated. They edged 0.6% higher Thursday morning.“The company’s second-half outlook looks to be improving, and third-quarter guidance will probably be strong given that some of the lingering uncertainty has started to fade,” said John Tsai, portfolio manager at Eastspring Investments Ltd. in Singapore. The trade spat between Japan and South Korea may also help TSMC, as Samsung Electronics Co. customers such as Qualcomm Inc. may seek to diversify, he added.TSMC saw sales drop 4.5% year-on-year in the first half, its worst performance since 2011. The company was grappling with the impact of a slowing global smartphone market and efforts by its biggest customer Apple to move beyond hardware. Then the trade war escalated into the U.S. blacklisting Huawei, TSMC’s second-largest customer.Yet its leading position in advanced technology, especially in 5G and artificial intelligence, helped it secure revenue. Chip orders for crypto mining are also expected to help TSMC’s third-quarter sales, according to Morgan Stanley, which recently lifted its target price on the stock by 9%.TSMC investors will also receive a NT$207 billion ($6.7 billion) dividend payout Thursday, according to stock exchange and company statements. The company is aiming for a dividend per share of at least NT$10 to lure value investors, something Bank of America Merrill Lynch analysts Robin Cheng and Mike Yang see as possible in 2020. They argue that rising free cash flow justifies a re-rating of the stock.Here are some highlights of 3Q 2019 estimates:Gross margin: 48.3% (19 estimates)Revenue: NT$276.6b (22 estimates)Net income (GAAP): NT$96.04b (20 estimates)Operating profit: NT$103.5b (15 estimates)Timing: release after market July 18(Updates prices.)To contact the reporters on this story: Cindy Wang in Taipei at hwang61@bloomberg.net;Debby Wu in Taipei at dwu278@bloomberg.netTo contact the editors responsible for this story: Sofia Horta e Costa at shortaecosta@bloomberg.net, David Watkins, Philip GlamannFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • GuruFocus.com23 hours ago

    Advanced Micro Devices Inc (AMD) Chief Technology Officer & EVP Mark D Papermaster Sold $1 ...

    Chief Technology Officer & EVP of Advanced Micro Devices Inc (30-Year Financial, Insider Trades) Mark D Papermaster (insider trades) sold 30,000 shares of AMD on 07/15/2019 at an average price of $33.34 a share. Continue reading...

  • AMD earnings: What to expect
    MarketWatch2 days ago

    AMD earnings: What to expect

    Advanced Micro Devices Inc. is the chip maker to watch this earnings season as the company takes on Intel Corp. and Nvidia Corp. amid problems in the sector that are expected to show signs of improvement.

  • Advanced Micro Devices (AMD) Dips More Than Broader Markets: What You Should Know
    Zacks3 days ago

    Advanced Micro Devices (AMD) Dips More Than Broader Markets: What You Should Know

    In the latest trading session, Advanced Micro Devices (AMD) closed at $33.85, marking a -1.57% move from the previous day.

  • GlobeNewswire3 days ago

    AMD to Report Fiscal Second Quarter 2019 Financial Results

    SANTA CLARA, Calif., July 16, 2019 -- AMD (NASDAQ: AMD) announced today that it will report second quarter 2019 financial results on Tuesday, July 30, 2019 after the close of.

  • Intel earnings: What to expect
    MarketWatch3 days ago

    Intel earnings: What to expect

    Intel Corp. may have a better-than-expected June-ending quarter at the expense of next quarter as PC sales rose partly in anticipation of upcoming tariffs in the ongoing U.S. trade war with China.

  • InvestorPlace3 days ago

    The AMD Stock Rally Has Gotten Way Too Advanced in Front of Earnings

    Shraes of Advanced Micro Devices (NASDAQ:AMD) broke out to fresh multi-year highs yesterday. AMD stock finally closed above the $34 level after three previous failed tries. Momentum traders rejoiced, although shares did finish slightly off the highs of the day.Advanced Micro Devices has now added on over 30% since the lows near $26.50 in late May. All good things must come to an end, though. The red-hot rally in an overbought and overvalued AMD has come too far, too fast. Time to take some chips off the table.InvestorPlace contributor Jay Yao recently pointed out both the bullish and bearish case for AMD stock. He noted that AMD stock price was comparatively expensive, trading at a forward P/E of 33. Advanced Micro Devices is certainly expensive on trailing P/E basis with shares now sporting a multiple of 137! This is by far the richest valuation over the past year. The only other time AMD exceeded a 125 trailing P/E was in June, which marked a significant short-term top in the stock price.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Click to EnlargeAdvanced Micro Devices is looking overdone from a technical perspective as well. AMD stock price is up over 80% year-to-date. Momentum is approaching an extreme reading near 5 which has corresponded to powerful pullbacks in the past. Bollinger Band Percent B is back above 1, signaling overbought levels.AMD stock is trading at a large premium to the 20-day moving average. Previous instances when AMD traded at such a large premium led to a move back to the 20-day moving average. Click to EnlargeEarnings for Advanced Micro Devices are due in late July with expectations for 9 cents in EPS on $1.52 billion in revenues. The last four quarters have seen AMD earnings come in within a penny or two of expectations. Given the historically rich valuations and overbought technicals, it will take a blow out quarter to propel AMD appreciably higher. I don't see that happening. Click to EnlargeStock traders should look to short AMD on any further strength. The initial price target is the 20-day moving average near $31.Option traders may want to take advantage of high implied volatility in front of earnings and sell an out of the money bear call spread. Selling the Aug $38/$40 call spread would bring in 40 cents credit while risking $1.60 for a 35% return on risk. The $38 strike price provides a 10.5% upside cushion to the $34.39 closing price of AMD.As of this writing, Tim Biggam did not hold a position in any of the aforementioned securities. Anyone interested in finding out more about option-based strategies or for a free trial of the Delta Desk Research Report can email Tim at timbiggam@gmail.com. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post The AMD Stock Rally Has Gotten Way Too Advanced in Front of Earnings appeared first on InvestorPlace.

  • Markit3 days ago

    See what the IHS Markit Score report has to say about Advanced Micro Devices Inc.

    Advanced Micro Devices Inc NASDAQ/NGS:AMDView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is moderate and increasing * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | NegativeShort interest is moderately high for AMD with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on June 20. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold AMD had net inflows of $11.14 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is very weak relative to the trend shown over the past year, and has continued to ease. However, the rate of expansion may accelerate in the coming months. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. AMD credit default swap spreads are decreasing and near the lowest level of the last three years, which indicates improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Advanced Micro Devices Stock Could Be Set to Finally Bust Through
    InvestorPlace3 days ago

    Advanced Micro Devices Stock Could Be Set to Finally Bust Through

    Advanced Micro Devices (NASDAQ:AMD) is back at the highs. The AMD stock price cleared $33 last week, something it's managed to do a few times in the past year. Each time, those levels have proven to be bad news for Advanced Micro Devices stock.Source: Shutterstock AMD stock got there for the first time last September, reaching a 12-year high at the time. It immediately dipped. After two more tries, the chip sector as a whole collapsed. The AMD stock price went from $33 to $17 in a matter of weeks.AMD stock briefly touched $34 last month. It fell promptly declined 15% over the next five sessions.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt's pretty clear that levels around $33-$34 have proven to be resistance for the AMD stock price. The question now, particularly with Q2 earnings on the way in two weeks or so, is whether this time will be different. * 7 Dependable Dividend Stocks to Buy The Risks to the AMD Stock PriceThere are three reasons to see current levels as potentially risky for Advanced Micro Devices stock. The first is precisely that history, particularly in the context of chip stocks more broadly. Big earnings from Micron (NASDAQ:MU) have helped boost the sector in recent weeks, admittedly.But semiconductor stocks have seen quite a bit of volatility over the past year. Micron may have touted optimism - but Broadcom (NASDAQ:AVGO) did largely the opposite. Even before those reports, this has been a space where investors are best off zigging while the market zags, buying when sentiment turns sour and selling when optimism returns. That's held for AMD as well, obviously, given the stock has doubled from December lows.As such, resistance here may be firm. And that risk is buttressed by fundamental concerns. As I wrote last month, at those June highs, AMD stock isn't cheap. It trades at over 32x next year's consensus EPS. The average Wall Street price target still sits below the current price.Analysts don't always have it right, obviously (that's been particularly true in the chip space over the past eighteen months), but 32x is a big multiple for chip stock. Investors in Nvidia (NASDAQ:NVDA) learned what happens when an investor overpays for growth in such a cyclical industry. If only on a short-term basis, investors in Advanced Micro Devices have learned the same lesson a few times.And the third risk for AMD is the earnings report on the way, likely at or around the end of this month. Expectations clearly are high. AMD has stumbled after earnings in the past - most notably with a 22% decline after the Q3 report in October. AMD needs a big quarter to keep a repeat from occurring this time around. The Case for Advanced Micro Devices StockThe simple answer to all those worries is: so what? AMD stock has climbed the "wall of worry" for years now. After all, this was a $2 stock as recently as 2016, with real fears that the company might eventually declare bankruptcy.That's obviously no longer the case. AMD's new chips have made it a formidable competitor to Nvidia and Intel (NASDAQ:INTC). Intel's repeated mistakes only increase the possibility of more market share gains, more growth, and a higher AMD stock price. And those self-inflicted wounds at AMD's key competitor, along with reports of strong PC sales, suggest Q2 numbers will be impressive.Broadly speaking, this simply is a much better business than it was, and it's a really good business on its own. The "old" Advanced Micro Devices was a second-tier provider of chips for low-priced PCs. But it's now a more diversified player in terms of both PCs and growing end markets like data centers. AMD stock might not be cheap, but it shouldn't be cheap. The Bottom Line on Advanced Micro Devices StockBoth sides can make a strong case at the moment, which makes Q2 earnings particularly important. Technically and fundamentally, AMD stock is likely to move further in whatever direction it trades after the report.Big numbers lead to higher earnings estimates and likely a series of analyst upgrades that can further goose the stock. That, in turn, pushes AMD through resistance, which usually (though not always) triggers higher prices.Anything less, however, and history suggests Advanced Micro Devices stock could have a problem. We've seen AMD move from $33+ to under $30 in a blink. Bad news, or even an outlook that doesn't quite match currently optimistic expectations, could do the same, or worse.All told, I'd expect that a month or two out, AMD stock isn't trading at $33. But which way it moves will depend largely on what kind of story Advanced Micro Devices can tell with its second-quarter report.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dependable Dividend Stocks to Buy * 10 Stocks Driving the Market to All-Time Highs (And Why) * 7 Short Squeeze Stocks With Big Upside Potential The post Advanced Micro Devices Stock Could Be Set to Finally Bust Through appeared first on InvestorPlace.

  • GuruFocus.com4 days ago

    Wall Street Mixed on Monday

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  • 5 Top Stock Trades for Tuesday: AMD, TWTR, NFLX
    InvestorPlace4 days ago

    5 Top Stock Trades for Tuesday: AMD, TWTR, NFLX

    Stocks stagnated on Monday, as investors gear up for the start of earnings throughout the week. Let's look at a few top stock trades to kick off the week. Top Stock Trades for Tomorrow 1: Symantec Click to EnlargeBroadcom (NASDAQ:AVGO) is reportedly walking away from talks to buy Symantec (NASDAQ:SYMC), causing the latter to drop by almost 12% on the day. On the plus side though, SYMC is rallying off its low. InvestorPlace - Stock Market News, Stock Advice & Trading TipsShares are up off the lows and north of the 200-day and 50-day moving averages. For those that feel compelled to buy SYMC -- I am not one of them -- they may want to consider using a stop loss at Monday's lows. If that's too tight, then we at least need to see the stock hold these two key moving averages. See if it can climb over its 20-day moving average on the upside, or if it acts as resistance. Top Stock Trades for Tomorrow 2: Advanced Micro Devices Click to EnlargeAdvanced Micro Devices (NASDAQ:AMD) surged to $34 and backed off last week. On Monday, it's right back to its bullish ways, pushing up to new highs. The stock is holding up over $34, while prior resistance at $33 is now proving to be support. As long as this one holds the 20-day, uptrend support and $33, investors can keep riding it higher. Below and AMD may need some time to digest the gains. Top Stock Trades for Tomorrow 3: Twitter Click to EnlargeLast week, shares of Twitter (NASDAQ:TWTR) broke out over downtrend resistance (blue line). It's now over its 20-day and 50-day moving average as well. As far as upside targets go, $40 would bring TWTR back near its May highs, while a run to $42 would fill the gap from last July. Shares need to hold above $37 to keep the setup intact. Top Stock Trades for Tomorrow 4: Netflix Click to EnlargeNetflix (NASDAQ:NFLX) remains range-bound, stuck between $340 and $385. If I were long NFLX, I would like to see the stock cooling off as it is ahead of its July 17th earnings report. Going in too hot could cause a selloff. On its post-earnings reaction, see if NFLX can breakout over $385 or hold $340 on a pullback. Sooner or later, we'll have some action. Top Stock Trades for Tomorrow 5: Guardant Health Click to EnlargeGuardant Health (NASDAQ:GH) shares are moving well on Monday, up almost 10%. Shares are pushing through current resistance near $92.50 to $94. As long as it holds above this mark, a push to $100 and possibly the 52-week highs near $106.50 are in play. * 7 Dependable Dividend Stocks to Buy If prior resistance fails to hold as support, see that uptrend support near $85 holds. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dependable Dividend Stocks to Buy * 10 Stocks Driving the Market to All-Time Highs (And Why) * 7 Short Squeeze Stocks With Big Upside Potential The post 5 Top Stock Trades for Tuesday: AMD, TWTR, NFLX appeared first on InvestorPlace.

  • China Trade Deal on Rocks as Huawei Plans Big US Layoffs
    Market Realist4 days ago

    China Trade Deal on Rocks as Huawei Plans Big US Layoffs

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  • Can AMD Stock Jump Higher on Q2 Earnings?
    InvestorPlace4 days ago

    Can AMD Stock Jump Higher on Q2 Earnings?

    Wall Street loves turnaround stories. Over the years, investors in Advanced Micro Devices (NASDAQ:AMD) stock have been delighted with the price performance of their shares. I'm going to discuss the short- and long-term outlook of AMD stock, one of the darlings of Wall Street in 2019.Source: Shutterstock AMD stock is expected to report Q2 earnings on July 24. Year-to-date, the Santa Clara-based chip designer is up about 93%. Long-term, I believe AMD stock price is going to rise much more. However, in the short-term, as AMD stock and its peers get ready to release quarterly results, there could be increased volatility in the markets. * 7 Dependable Dividend Stocks to Buy I would encourage long-term investors to wait several weeks before buying AMD stock or hedge their positions if they currently own the stock.InvestorPlace - Stock Market News, Stock Advice & Trading Tips What to Expect From AMD Stock EarningsWhen AMD releases earnings in late July, Wall Street will pay attention to two segments: * Computing and Graphics and * Enterprise, Embedded and Semi-CustomOn April 30, Advanced Micro Devices reported its Q1 2019 earnings. Its profit of 6 cents per share came in slightly ahead of analysts' consensus outlook. In its Computing and Graphics segment, AMD's revenue tumbled 26% year-over-year (YoY) to $831 million. In the Enterprise, Embedded and Semi-Custom segment, its revenue fell 17% YoY to $441 million.Overall many analysts saw the Q1 earnings report as a sign that AMD is executing its strategic plans well. In the current quarter, AMD management expects its revenue to be about $1.52 billion, a decrease of approximately 13% YoY.Since late 2014, under the leadership of CEO Lisa Su, revenue has gone up and the company has been improving its balance sheet. Its debt has reduced and investors are hopeful that AMD stock can see positive cash flow soon. Over the next five years, analysts expect AMD to grow earnings by about 30% annually.As new frontiers in technology, such as the internet of things (IoT), artificial intelligence (AI), autonomous driving, and 5G are being developed, I am bullish on the future of Advanced Micro Devices, which has been quite successful in recent years. As a result, I am also upbeat on the long-term outlook of AMD stock.Yet, recent positive news from Advanced Micro Devices stock's earnings and its clients have been factored into AMD stock price. Until AMD's next earnings announcement, its stock is likely to become a battleground between long-term investors and short-term traders.AMD has a history of reporting mixed results. Therefore Wall Street is likely to be cautious going into earnings. AMD Stock Is Catching up With Its Main CompetitorsUntil 2019, Advanced Micro devices has mostly played catch-up with Nvidia (NASDAQ:NVDA) and Intel (NASDAQ:INTC). The market cap for NVDA and INTC stocks are $101 billion and $223 billion respectively. AMD stock's market cap stands at $37 billion.Nvidia has dominance in graphics processing units (GPUs) while Intel has been a leader in central processing units (CPUs), the computing engine of most computers and data centers. Graphics processing units accelerate central processing units, boosting the performance of video and graphics and improving computers' overall performance.In May, the U.S. Department of Energy announced that AMD and Cray (NASDAQ:CRAY) had been awarded a $600 million contract to develop the 'Frontier' supercomputer. Expected to become the world's fastest computer, Frontier will perform advanced calculations in areas like nuclear and climate research.The supercomputer will use AMD's EPYC CPUs, each of which will be connected to four of the company's Radeon Instinct GPUs. This important deal confirms that AMD is now a recognized industry leader. In other words, AMD has a roadmap to compete with Intel's dominant CPUs and Nvidia in the graphics-card space.In Q3 AMD is expected to start selling its 7-nanometer (nm) chips, rivaling Intel's 10nm, which will not be sold until the end of the year. With these smaller and more power-efficient chips, AMD is aiming to take market share from Intel, especially in data center business.As AMD launches its Navi graphics cards in Q3 featuring the company's 7-nanometer chips, management is confident that it will take GPU market share in the gaming segment from Nvidia.In short, Advanced Micro Devices has taken important steps to make the fundamental metrics of the company stronger and to catch up with its main competitors. What Could Derail AMD Stock Short-Term?Wall Street has recently been debating whether the semiconductor industry, which is highly competitive and cyclical, has entered a prolonged downturn. Could these chip stocks have reached their 2019 highs in the eyes of investors?For long-term investors, such gyrations in the sector are nothing new. Yet, in the coming weeks when many chip companies announce their earnings one after the other, any potential weak guidance that may be issued could lead investors to become bearish on semiconductor stocks.Wall Street is nervous that chip companies' upcoming results will be mixed. Analysts follow AMD's gross margin levels closely. The company expects its Q2 gross margin to be 41%, the highest in eight years. Therefore, any unexpected dip in the margin could easily push AMD stock price south.China is the leading consumer of semiconductors (more than 50%). On the other hand, U.S. chip companies lead the world with a combined global market share of nearly 50%. Furthermore, many technology companies either have manufacturing plants in China or use Chinese companies in their supply chains. Therefore, Wall Street fears that U.S. chip makers will be among the largest losers of the current trade war.Furthermore, analysts are debating whether Advanced Micro Devices stock is becoming overvalued. For example, its forward price-to-earnings-growth (PEG) ratio is about 2x. Similarly, AMD stocks's price-sales (P/S) ratio of about 6x is also quite high. To put the metric into perspective, the S&P 500's average price-sales ratio is 2.1. Should Investors Buy AMD Stock Prior to Earnings?As a result of the impressive run-up in AMD stock price in 2019, its short-term technical indicators have become quite "overbought." In June, in addition to the broader market rally, AMD stock got an analyst upgrade that gave a big boost to its price.If you are an investor who follows technical charts, AMD stock has strong resistance around the $34 level, where the stock is about to make a triple top. Therefore, if it cannot go and stay over $35 soon, some profit-taking is likely to occur.Because AMD is a momentum leader stock, investors should expect sizable daily swings in the AMD stock price. Technically AMD stock is known to make a series of rallies and consolidations. We can expect this trend to continue in July and August, too.If you already own Advanced Micro Devices stock, you might want to stay the course and hold onto your position. That said, if you are worried about short-term profit taking, then within the parameters of your portfolio allocation and risk/return profile, you may consider placing a stop loss at about 3%-5% below the current price point, to protect the profits you have already made from AMD stock.If you are an experienced investor in the options market, you may also consider using an Aug. 16 expiry at-the-money (ATM) covered call strategy. In that case, you may, for example, buy 100 shares of AMD at a limit price of $33 and sell an AMD Aug. 16 $33 call option, which currently trades at $2.4.The $33 option offers some downside protection in case of volatility and a decline of AMD stock price. It would also enable investors to participate in a potential up move. This call option would stop trading on Aug. 16 and expire on Aug. 17.I find AMD stock to be a buy candidate, especially as its price declines below $30. In a few years, I'd expect the shares to reach $40.As of this writing, the author holds INTC covered calls (July 19 expiry). More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dependable Dividend Stocks to Buy * 10 Stocks Driving the Market to All-Time Highs (And Why) * 7 Short Squeeze Stocks With Big Upside Potential The post Can AMD Stock Jump Higher on Q2 Earnings? appeared first on InvestorPlace.

  • Dow Jones Beats Russell 2000; This FANG Stock Faces Key Technical Test
    Investor's Business Daily4 days ago

    Dow Jones Beats Russell 2000; This FANG Stock Faces Key Technical Test

    The Dow Jones Industrial Average is being stingy with its strong 1.5% gain from last week. Netflix is selling off and faces a key test at the 50-day.

  • Barrons.com4 days ago

    The Dow Falls Because Every Day Can’t Be a Record

    The major U.S. stock indexes began slightly lower as earnings season kicked off with Citigroup’s stronger-than-expected report.