AMD (Advanced Micro Devices) Stock News

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Aviceda Therapeutics, a private, clinical-stage biotech company focused on developing next-generation immunomodulators with a proprietary HALOS™ nanotechnology platform to alleviate chronic, non-resolving inflammation, announced today that the company completed enrollment of the Phase 2b SIGLEC study that compares the safety and efficacy of AVD-104 versus avac...

AMD is undervalued and poised for growth, especially in the AI segment, with the potential for better-than-expected Q3 earnings and robust future guidance. Despite recent volatility, AMD trades at an attractive valuation, around 29 times next year's EPS estimates, and is 33% off its 52-week high. AMD's AI chips, designed to compete with Nvidia's, are expected to drive significant revenue growth...

Advanced Micro Devices stock (NASDAQ: AMD) gained close to 6% in Thursday's trading and also remains up 6% year-to-date. This compares to rival Intel stock which has seen its stock decline by about 55% this year.

The insatiable demand for data center chips could fuel excellent results for Advanced Micro Devices.  Google saw double-digit percentage growth in advertising revenue following the launch of its Gemini AI model.

I decided to upgrade AMD to "Buy" due to its relative underperformance and potential growth in data centers and AI products. Read on. AMD's Q2 FY2024 showed strong revenue growth in Data Center and Client segments, despite declines in Gaming and Embedded products. AMD's liquidity remains strong with $5.3 billion in cash, significant free cash flow, and strategic acquisitions like Silo AI to enh...

Advanced Micro Devices, Inc.'s MI300 accelerator is driving explosive data center sales growth, narrowing the gap with Nvidia and promising significant profit surges in the coming quarters. AMD's data center sales grew 115% YoY in 2Q24, with the MI300 accelerator and EPYC server CPUs as key growth catalysts. AMD is projected to grow profits 50% faster than Nvidia next year, making it a potentia...

AI stocks, especially semiconductor companies like Nvidia, have outperformed the S&P and Nasdaq since 2021 but come with high volatility and risk. The SOXX ETF offers a better risk-return ratio compared to the leveraged SOXL, making it a safer choice for investors. Reducing volatility to 14% for individual stocks like Nvidia, Broadcom, and AMD can still yield impressive returns while managing r...

Chipmaker Advanced Micro Devices could follow Nvidia's growth path. Asian tech conglomerate Sea Limited may finally be on the road to recovery.