Analysts see optimism for AMD’s new and upcoming AI chips that were unveiled last week — and now the stock may be catching up ...

The chipmaker is now authorised to repurchase about $10 billion worth of its stock in total. AMD’s extended program “has no termination date,” as per its press release today. At the time of ...

In my previous update on the semiconductor giant, I downgraded AMD stock to a "Hold" due to unfavorable risk/reward: In my mind, AMD is a show-me story after such a mixed bag of an earnings report.

Advanced Micro Devices stock (NASDAQ: AMD) has fared well over the past month ... it could be a reasonably large money spinner for AMD, given that Sony has already shipped about 62 million ...

analysts had forecast the semiconductor stock would earn $0.64 per share on sales of $5.4 billion. In fact, AMD earned $0.70 per share on sales of $5.8 billion -- and guided higher as well.

Thus, looking at a forward valuation for 2024 of 15 times earnings per share (EPS) of $5.20, the analyst arrives at his price target of $80. AMD is priced as a growth stock and has done well when ...

HSBC issued a double downgrade on AMD, lowering its rating on the stock from buy to reduce. HSBC's analysts also lowered their one-year price target on AMD stock from $200 per share to $110 per share.

Advanced Micro Devices said Wednesday that its board of directors approved $6 billion in share buybacks. The stock climbed 4%. The authorization is in addition to $4 billion in existing approved ...

So, will Marvell remain the better AI stock of the two in 2025 as well? Or can AMD turn its ... while adjusted earnings were up by 31% to $0.92 per share. AMD's guidance for the current quarter ...