AMD - Advanced Micro Devices, Inc.

Advanced Micro Devices, Inc.
Technology | Semiconductor - Broad Line | USA​

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. Its primarily offers x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and professional graphics; and server and embedded processors, and semi-custom System-on-Chip (SoC) products and technology for game consoles. The company provides x86 microprocessors for desktop PCs under the AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU, AMD Sempron APU and CPU, and AMD Pro A-Series APU brands; and microprocessors for notebook and 2-in-1s under the AMD A-Series, AMD E-Series, AMD C-Series, AMD Z-Series, AMD FX APU, AMD Phenom, AMD Athlon CPU and APU, AMD Turion, and AMD Sempron APU and CPU brand names. It also offers chipsets with and without integrated graphics features for desktop, notebook PCs, and servers, as well as controller hub-based chipsets for its APUs under the AMD brand; and AMD PRO mobile and desktop PC solutions. In addition, the company provides discrete GPUs for desktop and notebook PCs under the AMD Radeon brand; professional graphics products under the AMD FirePro brand name; and customer-specific solutions based on AMD's CPU, GPU, and multi-media technologies. Further, it offers microprocessors for server platforms under the AMD Opteron; embedded processor solutions for interactive digital signage, casino gaming, and medical imaging under the AMD Opteron, AMD Athlon, AMD Sempron, AMD Geode, AMD R-Series, and G-Series brand names; and semi-custom SoC products that power the Sony Playstation 4, Microsoft Xbox One, and Xbox One S game consoles. The company sells its products through its direct sales force, independent distributors, and sales representatives. It primarily serves original equipment manufacturers, original design manufacturers, system builders, and independent distributors. Advanced Micro Devices, Inc. was founded in 1969 and is headquartered in Sunnyvale, California.

 

ER after the close today

 

4:27p
BREAKING
AMD jumps after beating on earnings, raising forecast
Advanced Micro Devices Inc. AMD, -0.35% managed to squeak out an adjusted profit in the second quarter thanks to stronger revenue than expected, sending the chip stock on another hot ride in late trading. The company reported a loss of $16 million, or 2 cents a share, on sales of $1.22 billion for the quarter. After adjusting for stock-based compensation and other effects, the company claimed a profit of 2 cents a share. Analysts on average expected AMD to report a breakeven quarter on an adjusted basis on sales of $1.16 billion, according to FactSet. The company also raised its forecast, of great importance to investors looking for new products to boost AMD. AMD now says annual revenue will increase by a mid- to high-teens percentage, after previously projecting low double-digit percentage growth. AMD shares jumped about 8% in immediate after-hours trading following the report's release, putting shares higher than $15 after they closed at $14.11.

 

Advanced Micro Surges into a Record Narrow One Year Range
Wed, Jul 28, 2021

After three straight quarters where the stock has declined in reaction to earnings, shares of Advanced Micro (AMD) are surging over 6% today bring the share price within striking distance of the $100 level. Despite the stock's strong reaction to earnings today, what's perhaps even more notable regarding AMD share's price is that remains stuck in the range it has traded in for a full year now since spiking higher on earnings last July. With an intraday peak of $99.23 in January and an intraday low of $72.5 back in May, AMD has traded in a one-year range of 36.9%.



For most stocks, a one-year range of over 35% wouldn't raise eyebrows. For a stock like AMD, however, 36.9% is not only narrow but it's the most narrow in the history of the stock. Since 1991, the average spread between AMD's 52-week high and 52-week low has been over 200%, and there are multiple periods where the spread topped 500%. On the downside, though, prior to the current period, there was never another period where the one-year range was even less than 50% as in 1995, the spread only dropped down as low as 52%. A one-year range of 36.9% may not exactly be like watching paint dry, but for AMD stockholders, it has been a snoozefest.