Advanced Micro Devices is a leading global semiconductor company that designs and manufactures computing and graphics solutions for a wide range of applications
The company is known for its innovative microprocessors, graphics cards, and system-on-chip products, which are used in personal computers, servers, and embedded systems. AMD focuses on high-performance computing, gaming, and data center markets, offering advanced technologies that compete with those of other major players in the industry. By delivering cutting-edge products that push the boundaries of processing power and efficiency, AMD plays a critical role in driving technological advancements and enhancing user experiences across various platforms.
We had originally looked into AMD as Watch List stock, given its strong leadership and opportunities in AI. But there are just too many things I don't like about this CPU and GPU maker after reviewing Q4 results.
Advanced Micro Devices Inc. (AMD) is taking a hit in after-hours on Tuesday despite reporting market-beating financial results for its fiscal fourth quarter.
Markets traded higher today, with all major indexes closing near session highs — and erasing yesterday’s tariff panic, now that tariff plans have already been eased for our neighbors to the north and the south.
Computer processor maker AMD (NASDAQAMD) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 24.2% year on year to $7.66 billion. Guidance for next quarter’s revenue was better than expected at $7.1 billion at the midpoint, 1.3% above analysts’ estimates. Its non-GAAP profit of $1.09 per share was in line with analysts’ consensus estimates.
Another week another gap down to start. This time, however, the bulls reasserted control of the tape much more quickly than before, and now we see stocks pressing back and onward to new highs.
Retail investors will be focused on how AMD is navigating Big Tech's growing shift towards custom silicon and watch for comments on the rapid progress of Chinese AI startup DeepSeek.
Looking for the most active S&P500 stocks in today's session? Join us as we dive into the US markets on Tuesday and discover the stocks that are dominating the trading activity and setting the pace for the market.
SANTA CLARA, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQAMD) today announced financial results for the fourth quarter and full year of 2024. Fourth quarter revenue was a record $7.7 billion, gross margin was 51%, operating income was $871 million, net income was $482 million and diluted earnings per share was $0.29. On a non-GAAP(*) basis, gross margin was 54%, operating income was a record $2.0 billion, net income was a record $1.8 billion and diluted earnings per share was $1.09.
U.S. stocks advanced midday Tuesday, demonstrating resilience despite escalating geopolitical tensions and trade uncertainties between the world’s two largest economies.
AMD and Qualcomm, both chipmakers, are preparing to report earnings. While AMD struggles, Qualcomm is thriving. Analysts predict a 57% upside for AMD, while Qualcomm's technicals are bullish.
