AMD (Advanced Micro Devices)

AMD

US0079031078

Semiconductors

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-29 pm EDT			Pre-market 07:08:17 pm
160.2 ^USD	+1.78%		160.7	+0.30%

Apr. 29	Tesla Rally Boosts S&P 500, Nasdaq; This Week's Earnings, Fed Decision in Focus	MT
Apr. 29	Equity Markets Rise With Key Earnings, Fed Decision in Focus	MT

AMD introduces AI chips for business laptops and desktops

April 16, 2024 at 09:21 am EDT

April 16 (Reuters) - Advanced Micro Devices unveiled a new series of chips for artificial intelligence-enabled personal computers on Tuesday as it looks to expand its share of the lucrative "AI PCs" market.

The chip designer said its latest Ryzen PRO 8040 Series is built for "business laptops and mobile workstations" while its AMD Ryzen PRO 8000 Series is a desktop processor for business users.

(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Devika Syamnath)

Latest news about AMD (Advanced Micro Devices)

Tesla Rally Boosts S&P 500, Nasdaq; This Week's Earnings, Fed Decision in Focus	Apr. 29	MT
Equity Markets Rise With Key Earnings, Fed Decision in Focus	Apr. 29	MT
Equities Higher as Traders Await This Week's Key Earnings, Fed Decision	Apr. 29	MT
Equities Rise Intraday as Traders Await This Week's Key Earnings, Fed Decision	Apr. 29	MT
Big tech saves the day, again	Apr. 29
Morgan Stanley Cuts Price Target on AMD to $177 From $193, Overweight Rating Maintained	Apr. 29	MT
Susquehanna Adjusts Price Target on AMD to $185 From $200, Positive Rating Maintained	Apr. 29	MT
Social Buzz: Wallstreetbets Stocks Mostly Higher Premarket Monday; Tesla, ImmunityBio to Advance	Apr. 29	MT
North American Morning Briefing : Investors Brace for This Week's Earnings, Fed Decision	Apr. 29	DJ
U.S. chip bans not meant to hobble China's growth, Blinken says	Apr. 26	RE
S&P 500 Posts First Weekly Gain Since March as Tech, Consumer Discretionary Lead Rise on Better-Than-Expected Earnings	Apr. 26	MT
US Homeland Security names AI safety, security advisory board	Apr. 26	RE
Global markets live: Heineken, AT&T Hasbro, Visa, Boeing...	Apr. 24
AMD May See Continued Server Strengths to Offset Current PC Correction, Embedded Resets, BofA Securities Says	Apr. 24	MT
The return of bad news is good news	Apr. 24
Nasdaq, S&P futures advance on tech boost, earnings glee	Apr. 24	RE
Texas Instruments' upbeat Q2 forecast pushes chip stocks higher	Apr. 24	RE
S&P, Nasdaq futures advance on tech boost, earnings cheer	Apr. 24	RE
Futures point to higher open as more earnings roll in	Apr. 23	RE
Social Buzz: Wallstreetbets Stocks Mostly Higher Pre-Bell Tuesday; Nvidia, Super Micro Computer to Advance	Apr. 23	MT
A little reprieve before the corporate earnings rush	Apr. 22
ANALYST RECOMMENDATIONS : AMD, Cisco, Alphabet, Apple, Netflix...	Apr. 22
Short sellers recoup losses as rally in US stocks loses steam	Apr. 19	RE
Most Large Cryptocurrencies Increase As Cardano Climbs	Apr. 19	DJ
Social Buzz: Wallstreetbets Stocks Mostly Lower Pre-Bell Friday; Netflix, Taiwan Semiconductor to Open Lower	Apr. 19	MT

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Company Profile

Advanced Micro Devices, Inc. specializes in the design, manufacturing and marketing of semiconductors and microprocessors. The group sells processors, chips, cards, connection products, adapters, etc. intended primarily for computers, servers, workstations, telephones, and game consoles. Net sales are distributed geographically as follows: the United States (34.6%), China (15.1%), Japan (20.4%), Singapore (9.8%), Europe (8.9%), Taiwan (8.1%) and others (3.1%).

Sector

Semiconductors

Calendar

04:15pm - Q1 2024 Earnings Release

Related indices

S&P 500

More about the company

Income Statement Evolution

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Analysis / Opinion

Lisa Su, CEO of AMD: The AI sector could reach $400 billion by 2027

January 31, 2024 at 03:57 pm EST

Advanced Micro Devices, Inc: Margins are squeezed sharply

January 31, 2024 at 10:31 am EST

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Ratings for AMD (Advanced Micro Devices)

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

157.4 USD

Average target price

196.3 USD

Spread / Average Target

+24.71%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Other Semiconductors

AMD (Advanced Micro Devices)

Equities

AMD

US0079031078

Semiconductors

AMD introduces AI chips for business laptops and desktops

EPS Revisions