NASDAQ:AMD

Advanced Micro Devices Stock News

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$466.38
-56.82 (-10.86%)
At Close: Jun 05, 2026
The Federal Reserve recently lifted interest rates to their highest level in 22 years. The fed funds target rate now sits at 5.25% to 5.5%.
The Wall Street consensus estimate is that AMD will report revenue of $5.3 billion with adjusted earnings per share of 57 cents for the June quarter.
It's the busiest week of earnings season, with an extensive list of companies scheduled to unveil their quarterly results.

7 Stocks to Buy Before They Surpass 2021 Highs

03:52pm, Monday, 31'st Jul 2023
The stock market has rebounded in 2023 following a year marked by rate hikes that pulled everything much lower. Leading indexes fell dramatically with the S&P 500 shedding 18.25% of its value.
AMD's second-quarter 2023 earnings are expected to reflect sluggish demand for embedded solutions due to weakness in 5G deployment and rebalancing of inventory.
Direxion Daily Semiconductor Bull 3X Shares SOXL was trading slightly higher Monday, ahead of Advanced Micro Devices, Inc AMD quarterly earnings print, which will be released Tuesday after the market

Week Heavy on Labor Data Commences

11:53am, Monday, 31'st Jul 2023
Week Heavy on Labor Data Commences.

SOFI, ON Beat in Q2, Ahead of Jobs Week

11:08am, Monday, 31'st Jul 2023
Pre-market levels are up modestly at this hour, staying in the green much the way we ended last week after taking a breather with last Thursday's selloff.
For years, Intel Corp.'s pain has been Advanced Micro Devices Inc. gain, as AMD has gained market share in central processing units amid Intel's missteps.
The traditionally bearish month of September is looming. Here are two August trades that are likely best sold late in the month.

AMD: Strong Read From Intel

08:00pm, Sunday, 30'th Jul 2023
AMD investors got a strong read from the Intel Q2'23 results posted last week. The chip company could face some near-term data center pressure leading to long-term AI opportunities. AMD stock is cheap
Jobs data and PMIs are out this week. Plus, earnings from AMD, Caterpillar, Pfizer, Uber, Apple, Amazon, Airbnb, PayPal, Qualcomm, Alibaba, and more.

Better AI Chip Stock: AMD vs. Nvidia

10:51am, Saturday, 29'th Jul 2023
Nvidia's high-performance chips are fueling the AI industry, but pricey chips and equally costly stock may raise eyebrows. AMD, often under the radar, is making strides in AI with its own powerful chi
Let's see if now is a good time to buy Intel or AMD stock this earnings season as the broader slowdown for chip stocks ends with the semiconductor realm boosted by artificial intelligence (AI).
The Fast Money traders offer their plays on a few stocks reporting earnings next week with CNBC's Melissa Lee.
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