Shares of Advanced Micro Devices (NASDAQ: AMD) rose 13.8% in January 2024, according to data from S&P Global Market Intelligence. The semiconductor designer reported robust fourth-quarter results near the end of the month, but investors saw those rosy numbers coming from a w
Twenty years ago, General Electric was the fifth-largest American company, with a market cap of $243 billion. By 2014, it had fallen to the 11th largest, and, as of this writing, it has fallen all the way to 52nd.
When a Beijing-based military institute in September published a patent for a new high-performance chip, it offered a glimpse of China's bid to remake the half-trillion dollar global chip market and withstand U.S. sanctions.
Below is Validea's guru fundamental report for ADVANCED MICRO DEVICES, INC. (AMD). Of the 22 guru strategies we follow, AMD rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundam
Wall Street analysts love grouping stocks because it helps investors separate the market's top performers from the rest of the pack. For instance, the FAANG acronym was coined by CNBC financial analyst Jim Cramer in 2017 to describe five of the largest technology companies at the
Fool.com contributor Parkev Tatevosian forecasts AMD's (NASDAQ: AMD) revenue, profit, and cash flow and answers where he thinks the stock price will be in two years.
With shares up 123% over the last 12 months, Advanced Micro Devices (NASDAQ: AMD) has been a big beneficiary of the artificial intelligence (AI) trend. But unlike rival Nvidia, which has seen revenue and profits surge, AMD's rally relies on future expectations more than current r
Chipmakers have attracted countless investors over the last year as a boom in artificial intelligence (AI) has sent demand for graphics processing units (GPUs) skyrocketing.
AMD's (NASDAQ: AMD) stock sank nearly 3% on Jan. 31 after the chipmaker posted its fourth-quarter earnings report. Revenue rose 10% year over year to $6.17 billion and exceeded analysts' estimates by $60 million. Adjusted earnings grew 12% to $0.77 per share and matched the conse
Most investors were focused on Advanced Micro Devices' (NASDAQ: AMD) AI accelerator business when the company reported its fourth-quarter results on Tuesday. The company expects to sell at least $3.5 billion of data center GPUs in 2024, and it has enough supply to satisfy additio
Shares in Advanced Micro Devices (NASDAQ: AMD) are up more than 130% year over year, fueled by a stellar growth year for artificial intelligence (AI). The launch of OpenAI's ChatGPT in November 2022 sent countless chip stocks soaring as Wall Street grew bullish over the companies
Nvidia (NASDAQ: NVDA) is the undisputed leader in artificial intelligence (AI) semiconductor hardware. Its H100 and upcoming H200 data-center graphics chips (GPUs) set the standard for processing AI workloads, giving the company a market share as high as 90% in 2023.
David Tepper's Carolina Panthers didn't make the NFL playoffs this year. However, Tepper has other things to make him feel better.For example, his net worth currently stands at a whopping $20.6 billion. He's also viewed by many as the greatest hedge fund manager of the last four
The S&P 500 recently hit a new all-time high, closing at 4,840 on Jan. 19 and officially entering bull market territory. Much of its growth over the last year can be attributed to a boom in artificial intelligence (AI), which has seen many tech stocks skyrocket. The sector ha
In today's video, I discuss the recent updates affecting Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below.
Friday is looking like it's going to be a rough day to own Intel stock, with shares off 2% on news that the company will delay start-up at its new semiconductors factory in Ohio. That's the bad news for Intel shareholders today.
For Immediate ReleaseChicago, IL – February 2, 2024 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in sto