Advanced Micro Devices, Inc. (AMD) is a multinational semiconductor company that designs and manufactures computer processors and related technologies for the consumer and enterprise markets. The company was founded in 1969 by Jerry Sanders and a group of technology industry executives and engineers.
AMD started out as a producer of memory chips, but it eventually diversified into other areas of the semiconductor industry, including the development and manufacturing of microprocessors for personal computers and servers. Over the years, AMD has competed with industry giant Intel in the PC processor market and has gained significant market share through the introduction of innovative products and technologies.
Today, AMD offers a range of products for the consumer and enterprise markets, including PC processors, graphics cards, and server processors. The company's latest market offerings include its Zen 3-based Ryzen processors for desktop and laptop PCs, as well as its Radeon graphics cards for gaming and content creation.
In the most recent quarter (Q3 2021), AMD reported strong financial results, with revenue of $3.24 billion, up 38% year-over-year, and net income of $390 million, or $0.59 per share. The company's success was largely driven by strong demand for its PC and server products, as well as the ongoing growth of the gaming market.
In addition to its core semiconductor business, AMD has also made significant investments in other technology areas, including cloud computing and data centers, and has partnerships with companies such as Google and Microsoft. Looking ahead, the company is focused on continuing to innovate and expand its product portfolio in order to meet the evolving needs of its customers and maintain its competitive position in the market.
Advanced Micro Devices Inc, one of the hottest companies on the stock market, located at 2485 augustine drive, santa clara, ca, us specializes in the semiconductors & related devices industry. It is currently listed on the exchange NASDAQ in the country USA.
The company's last annual earnings report on 2022-09-30 showed that it had reached a market cap of 118,621,323,000 dollars.
If someone had invested $100 in Advanced Micro Devices Inc 10 years ago, their investment would be worth roughly $3475.31 today, according to If You Had Invested
If you had invested...
The price of a stock is a reflection of the company's performance, market value, profitablility and for AMD, its stock has been burning. If you had invested $1,000 in Advanced Micro Devices Inc 1 year ago and held onto your investment until today (in other words, if you didn't sell any shares), here's what would have happened:
Your investment would now be worth roughly $781.51 today.
If you are looking for a company with a good dividend yield then avoid Advanced Micro Devices Inc because it does not pay a dividend.
In terms of growth Advanced Micro Devices Inc has had a turn for the worst with a Quarterly Earnings growth rate of -0.947. At the same time revenue growth has been to the moon with a rate of 0.29.
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As Advanced Micro Devices Inc continues on its journey to become a 17,793,198,450,0.0 dollar company, there is no doubt that the stock will continue to rise. You should watch out for any major announcements about their products or recent earnings. If you wish to invest in the stock market but are not sure where to start, start by signing up on Robinhood
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