Advanced Micro Devices, Inc. (AMD)
AMD: Lisa Su Has Finally Spoken
Advanced Micro Devices, Inc. CEO Lisa Su has unveiled the company's blueprint for capitalizing on the $1 trillion AI compute opportunity over the next three to five years. The latest AMD forecast is double of the $500 billion total addressable market AMD had projected just a year ago, highlighting favorable AI demand dynamics ahead to underpin its long-term earnings growth trajectory. AMD's upcoming product roadmap, which includes its first Helios rack-scale system ramp, represents the fundamental catalyst in reinforcing its multi-year AI growth target of 80%.
Top Stock Movers Now: AMD, On Holding, Circle Internet Group, and More
Major U.S. equities indexes were mixed at midday Wednesday ahead of a vote to fund the federal government and end the 43-day shutdown. The Dow Jones Industrial Average rose to a record high but they Nasdaq and S&P 500 were lower.
AMD Shares Soar 9% After CEO Predicts $1 Trillion Data Center Market
Su, who holds roughly 4.7 million AMD shares, had her net worth increase by $123 million (7.9%) to $1.7 billion on the chipmaker's stock jump.
AI predicts AMD stock price for November 30
The share price of American semiconductor giant Advanced Micro Devices (NASDAQ: AMD) is on a bullish run as investors react to the company's projected profit growth.
AMD CEO Lisa Su Said AI Demand Is ‘Insatiable.' The Chipmaker's Stock Is Soaring
Advanced Micro Devices shares are getting a boost from its outlook.
Analysts Still Pounding the Table over Advanced Micro Devices and Nvidia
Analysts at Bank of America just reiterated a buy rating on Nvidia. The firm says NVDA is well-positioned for healthcare and artificial intelligence.
AMD Shares Soar 7% After CEO Predicts $1 Trillion Data Center Market
AMD headlined broader growth among the tech-heavy Nasdaq, which advanced 0.1% early Wednesday. Other gains were posted by Qualcomm (up 1.4%), Micron Technology (1.3%), Adobe (0.9%), Nvidia (0.5%), Intel (0.2%) and Amazon (0.2%).
AMD shares some giant numbers that are giving its stock a jolt
While the chip maker's investor day left analysts with questions about its chip rollout, AMD's big projections signaled a “clearly confident” company.
5 Things to Know Before the Stock Market Opens
Stock futures are higher this morning after the Dow Jones Industrial Average closed at a record high on Tuesday; the House of Representatives is poised to vote on legislation to end the six-week U.S. government shutdown; Advanced Micro Devices (AMD) shares are rising after the chipmaker projected strong revenue growth over the coming years; the White House is reportedly examining measures that could limit the influence of proxy advisers and index-fund managers in shareholder voting; and shares of On Holding are soaring after the sneaker maker posted strong earnings and raised its guidance. Here's what you need to know today.
Wall Street Breakfast Podcast: GM Targets China-Free Supply Chain
General Motors (GM) is reportedly pushing suppliers to eliminate China-sourced components, aiming for a complete supply chain shift away from China by 2027. AMD (AMD) projects the AI data center market to reach $1 trillion by 2030, citing unprecedented demand and strong gross margin guidance.
Baron Technology Fund: AI Update
The market has recently absorbed a surge of activity around AI infrastructure buildouts. NVIDIA CEO Jensen Huang proclaimed in September that global AI infrastructure spending could total $3 trillion to $5 trillion by 2030. As we have written before, technology spending today accounts for just 5% of global GDP.
AMD analysts lower expectations ahead of Analyst Day
Wedbush analysts on Monday weighed in Advanced Micro Devices Inc (NASDAQ:AMD, ETR:AMD)'s upcoming Analyst Day, saying they are “less certain that anything we hear will significantly move the needle around forward expectations”. In a note to clients, the analysts wrote that they are expecting AMD to provide information that will better their understanding of the company's product roadmap, financial targets and general industry trends.
