Advanced Micro Devices, Inc.’s stock price takes a hit, plunging 7.35% to $88.29

Advanced Micro Devices, Inc. (AMD)

88.29 USD -7.00 (-7.35%) Volume: 62.01M

Advanced Micro Devices, Inc.’s stock price currently stands at 88.29 USD, experiencing a drop of -7.35% in this trading session with a trading volume of 62.01M. Notably, the tech giant’s stock has seen a significant decrease of -26.91% year-to-date, reflecting its volatile market performance.

Latest developments on Advanced Micro Devices, Inc.

Advanced Micro Devices (AMD) is facing stock price movements today as tech stocks drop amid warnings from companies like Nvidia and AMD about higher costs due to China export controls. AMD is set to produce its CPU chip at a TSMC plant in Arizona, marking a move towards U.S. manufacturing. The company expects an $800 million hit from new U.S. curbs on chip exports to China. Despite these challenges, AMD remains optimistic with new AI chips and GPU momentum fueling growth, despite facing lower price targets and export restrictions. Investors are closely watching AMD’s stock as the company navigates these uncertain times in the tech industry.

Advanced Micro Devices, Inc. on Smartkarma

Analysts on Smartkarma have provided mixed coverage on Advanced Micro Devices (AMD). Baptista Research‘s report highlights the company’s strong fourth-quarter revenue of $7.7 billion, driven by growth in the data center and client segments. However, the data center segment fell short of analyst expectations, even as AMD gained market share in CPUs. On the other hand, William Keating believes that AMD’s Data Center GPU roadmap needs improvement to effectively compete with NVIDIA. Despite a record-high quarterly revenue, the share price declined due to lower revenue forecasts for the next quarter.

Nicolas Baratte’s optimistic view suggests that AMD’s margins are improving, with an impressive AI GPU roadmap for 2025 that presents a buying opportunity. While the stock has corrected by -32% since October 2024, the CEO’s bullish outlook on Data Center AI revenue growth indicates potential for significant revenue increase in the coming years. In contrast, Travis Lundy’s report focuses on the MarketVector US Semiconductor Index rebal without specific insights on AMD. Finally, William Keating celebrates AMD’s CEO Lisa Su being named Time’s CEO of the year, acknowledging her leadership in navigating challenges and driving growth despite market fluctuations.

A look at Advanced Micro Devices, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Advanced Micro Devices (AMD) has a mixed outlook for the long term. While the company scores well in resilience and growth, its value and dividend scores are lower. This indicates that AMD may have strong potential for growth and the ability to weather economic challenges, but may not be considered a high-value investment or a reliable source of dividend income.

Overall, Advanced Micro Devices (AMD) seems to be positioned well for the future with a focus on innovation and adaptability. With a solid score in resilience, the company shows a strong ability to withstand market fluctuations. Additionally, its growth score suggests that AMD has the potential to expand and thrive in the semiconductor industry. However, investors should consider the lower value and dividend scores when making decisions about investing in AMD.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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