Advanced Micro Devices delivered record Q4 revenues and EPS, but the stock dropped. See why I rate AMD a strong buy.
Bernstein analyst Stacy Rasgon maintained a Hold rating on Advanced Micro Devices (AMD – Research Report) today and set a price target of $125.00. The company’s shares closed yesterday at $119.50.
Competition and geopolitical risks exist, but AMD’s strategic pivot, open-source ROCm, and cost efficiency bolster the ...
Financial analysis of Advanced Micro Devices, Inc.'s Q4 results, highlighting growth drivers and potential downside risks.
The growth was driven by its x86 PC CPU business rocketing 56% higher. Although gaming revenue was down 59% year-over-year, it was up 22% from the third quarter to $538 million. All eyes, however, ...
Corporate America just kicked off a new quarterly earnings season. Over the next few weeks, hundreds of companies will report ...
In a report released today, William Stein from Truist Financial maintained a Hold rating on Advanced Micro Devices (AMD – Research Report). The ...
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The reaction was perhaps a bit harsh on AMD, which said the data center business grew its sales by 94%, to $12.6 billion, in fiscal 2024. That’s thanks to an increase in sales of its Instinct GPUs and ...
AMD (NASDAQ:AMD) today announced financial results for the fourth quarter and full year of 2024. Fourth quarter revenue was a record $7.7 billion ...
A slowdown in Google's cloud-computing sales helped drag down Alphabet's overall revenue growth to its lowest rate since 2023. Shares tumbled about 7% ...
AMD reported better-than-expected revenue and profit on Tuesday. Data center sales nearly doubled in 2024. Advanced Micro ...