Advanced Micro Devices, Inc. (Nasdaq:AMD) Trades At Over Twice The 52 Week Low

Advanced Micro Devices, Inc. (Nasdaq:AMD)

October 26th, 2018

With markets going up Advanced Micro Devices, Inc. finished Thursday’s trading session down 15.45%, a $3.52 decrease to close on $19.27. While the stock did drop today, remember that it is still trading at 113% of its 52 week low of $9.04.

AMD was outperformed by the rest of the Information Technology sector which went up 3.32%.

Advanced Micro Devices, Inc. is listed on the S&P 500 index, and was one of 96 stocks that dropped today. Weighted by market cap, AMD represents about 0.07% of the S&P 500.

Expectations from 26 analysts indicates that Advanced Micro Devices, Inc. might rise significantly (39%), while Finbox has calculated (with medium uncertainty) a fair value price of $16.21.

Market Sectors

The market sectors were mixed Friday with a majority of the sectors trending up. Consumer Discretionary saw the biggest increase of the day (3.41%), while Utilities saw the biggest drop (1.50%). Information Technology has seen the biggest year-to-date gain at 10%. The biggest loss this year has been the Materials sector dropping 16%.

Consumer Discretionary saw the biggest turnaround from its 5-day performance of -0.55%, as it went up 3.41%. Utilities saw a turn around from its 5-day performance of 1.13% trading down 1.50%.

Sector Breakdown

  • Consumer Discretionary went up with a 3.41% change.
  • Information Technology went up with a 3.32% change.
  • Communication Services went up with a 2.67% change.
  • Financials went up with a 1.64% change.
  • Materials went up with a 1.38% change.
  • Healthcare went up with a 1.24% change.
  • Real Estate went up with a 1.22% change.
  • Energy went up with a 1.15% change.
  • Industrials went up with a 0.74% change.
  • Consumer Staples went up with a 0.20% change.
  • Utilities went down with a -1.50% change.

Advanced Micro Devices is based in Sunnyvale, United States of America. It was founded by Jack Gifford in May 1969.

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

AMD daily update
AMD daily update

Media Gazelle Inc (MG), a Nevada Corporation, owns and operates the online brand US Tribune News. MG does not offer financial advise, and is not a registered broker/dealer/analyst/adviser, holds no investment licenses, and may not sell, offer to sell or offer to buy any security. MG’s market updates, news are not a solicitation or recommendation to buy, sell or hold securities. MG shall not be held liable for any investment losses you may incur by using the information provided, this includes you trading the stocks mentioned on our sites. We recommend you talk to a financial adviser before trading any securities or taking any action based upon information on this site. MG does not guarantee the accuracy of the article.