Advanced Micro Devices, Inc. (Nasdaq:AMD) Breaks 52 Week High Bar Of $20.28

Advanced Micro Devices, Inc. (Nasdaq:AMD)

August 15th, 2018

Amidst rising markets Advanced Micro Devices, Inc. closed Tuesday up 1.47%, a $0.29 increase to close on $20.02. Furthermore it hit a new 52 week high of $20.28. The stock continues to trade well at 121% of its 52 week low of $9.04. While it is positive news the stock ended higher, the trading volumes were only 0.00% of normal which could be an indication of investor uncertainty.

AMD outperformed the rest of the Information Technology sector which went up 0.62% today.

Advanced Micro Devices, Inc. is listed on the S&P 500 index, and was one of 420 stocks that rose today. Weighted by market cap, AMD represents about 0.06% of the S&P 500.

Analysis results from 24 analysts points to the possibility that Advanced Micro Devices, Inc. might drop somewhat (-10%), while Finbox has calculated (with medium uncertainty) a fair value price of $16.50.

Advanced Micro Devices, Inc. Info

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. The company’s products include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete and integrated graphics processing units (GPUs), and professional GPUs; and server and embedded processors, and semi-custom System-on-Chip (SoC) products and technology for game consoles. It provides x86 microprocessors for desktop PCs under the AMD Ryzen, AMD Ryzen Pro, Threadripper, AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU, AMD Sempron APU and CPU, and AMD Pro A-Series APU brands; microprocessors for notebook and 2-in-1s under the AMD Ryzen processors with Radeon Vega GPUs, AMD A-Series, AMD E-Series, AMD C-Series, AMD Z-Series, AMD FX APU, AMD Phenom, AMD Athlon CPU and APU, AMD Turion, and AMD Sempron APU and CPU brands; and microprocessors for servers under the AMD EPYC and AMD Opteron brands. It also offers chipsets under the AMD brand; discrete GPUs for desktop and notebook PCs under the AMD Radeon and AMD Embedded Radeon brand; professional graphic products under the AMD Radeon Pro and AMD FirePro brands; and customer-specific solutions based on AMD’s CPU, GPU, and multi-media technologies. In addition, it provides embedded processor solutions for interactive digital signage, casino gaming, and medical imaging under the AMD Opteron, AMD Athlon, AMD Sempron, AMD Geode, AMD R-Series, G-Series, and AMD Embedded Radeon brands; consumer graphics under the AMD Radeon brand; and semi-custom SoC products. It serves original equipment and design manufacturers, datacenters, system integrators, distributors, and add-in-board manufacturers through its direct sales force, independent distributors, and sales representatives. Advanced Micro Devices, Inc. was founded in 1969 and is headquartered in Santa Clara, California.

All amounts in USD unless otherwise indicated

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