AMD (Advanced Micro Devices) Stock News

Artificial-intelligence-focused chip makers are expected to grow briskly. But artificial intelligence requires servers, memory, and more -- so consider other stocks, too.

They're at the top of my watch list.

Advanced Micro Devices (AMD) stock price has remained in a deep bear market this year as concerns about the artificial intelligence (AI) industry continued. It has dropped by over 35% from its highest point this year, giving it a market cap of over $246 billion.

Chip stocks have been on a rather rocky ride over the past few weeks, as a range of headwinds have hit this sector hard.

Technology executives remained bullish on AI growth at a major industry conference. Analysts also stayed bullish on AI, especially for Arm and AMD.

UBS analysts have unveiled their top stock picks for the remainder of 2024 across the Technology, Media, and Telecom (TMT) sectors. Broad themes across the US technology, media, and telecom sectors in 2024 center on market competition, AI-driven growth, and cost optimization.

Nvidia's lead in AI inference workloads is shrinking as AMD has shown parity with a Nvidia GPU on AI inference workloads for the first time. Nvidia remains a Buy due to its engineering expertise, high margins, market positioning, and CUDA software moat, despite AMD's progress. AMD presents a strong long-term investment with an attractive risk-reward profile as it continues to close the gap with...

AMD has performed several stock splits, most recently in 2000. A single $11 share from AMD's IPO would now be 27 shares, worth roughly $3,800.