Advanced Micro Devices, Inc. (AMD) stock prices updated...
 

Advanced Micro Devices, Inc. stock price

Advanced Micro Devices, Inc. latest news:


  • 09/21/2017 06:14:55

    AMD's stock surges on heavy volume after report Tesla was working with the chipmaker

    Shares of Advanced Micro Devices Inc. surged 1.3% on heavy volume in premarket trade Thursday, after a report that Tesla Inc. was working with the chipmaker on Tesla's Autopilot driver-assistance system, in an effort to reduce the reliance on Nvidia Corp. . Trading volume topped 6.4 million shares in recent trade, enough to make the stock the most actively. The stock was on track to open at the highest level seen during regular session hours since Aug. 2. Nvidia's stock slumped 1.8% ahead of the open. CNBC reported late Wednesday, citing a source familiar with the matter, that more than 50 people are working under Jim Keller, the head of Autopilot, and Tesla has brought on several former AMD employees to work on the project. AMD's stock has lost 1.7% over the past three months through Wednesday, while Nvidia shares have soared 16.5%, the PHLX Semiconductor Index has climbed 5.6% and the S&P 500 has gained 3.0%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/15/2017 16:27:57

    U.S. stocks end higher, close out strong week of gains

    U.S. stocks closed higher on Friday, with technology, financials, and telecommunication shares leading the way higher. The Dow Jones Industrial Average rose 64.86 points, or 0.3%, to 22,268.34. The S&P 500 index gained 4.61 points to 2,500.23, up 0.2%. The Nasdaq Composite Index rose 19.38 points, or 0.3%, to 6,448.47. The S&P 500 and the Dow finished at records, while the Nasdaq Composite missed its all-time high, last achieved Sept. 13, by about 12 points. For the week, the Dow rose 2.2%, the S&P advanced 1.6%, and the Nasdaq climbed 1.4%. Semiconductors were among the strongest of the day, with the sector up 1.8%. Among the notable movers, Nvidia Corp. rose 6.3% while Advanced Micro Devices was up 2.1%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/15/2017 14:01:13

    U.S. stocks end at records, close out strong week of gains

    U.S. stocks ended higher on Friday, with major indexes all ending at records as technology shares led the way higher. The Dow Jones Industrial Average rose 64 points, or 0.3%, to 22,267. The S&P 500 gained 4 points to 2,500, up 0.2%. The Nasdaq Composite Index rose 19 points, or 0.3%, to 6,448. All three hit intraday records and closed at all-time highs. For the week, the Dow rose 2.2%, the S&P rose 1.6%, and the Nasdaq rose 1.4%. Semiconductors were among the strongest of the day, with the sector up 1.8%. Among the notable movers, Nvidia Corp. rose 6.3% while Advanced Micro Devices was up 2.1%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/15/2017 09:01:26

    Semiconductor stocks rise, on track for best week since July

    Semiconductor stocks rallied on Friday, with the sector climbing in its fifth straight daily advance and on track for its best week since July. The iShares PHLX Semiconductor ETF added 1.7% to $155.50, putting it on track for a record close and within points of an intraday record hit in June. Thus far this year, the fund is up nearly 27%, with 4.6% of that coming this week. Among the fund's components, all but one were in positive territory on Friday, with Nvidia Corp. the biggest percentage gainer, up 5.2% after Evercore ISI raised its price target on the company to $250 from $180. Among others, ON Semiconductor Corp rose 3.1% while Advanced Micro Devices was up 2.9%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/05/2017 11:06:13

    Chip maker stocks drop sharply, drag on broader tech sector

    Semiconductor makers weighed heavily on the tech sector Monday, which in turn helped drag down the broader stock market, with those losses accelerating around mid-session. The PHLX Semiconductor Index fell 2.1% to 1,096, as shares of Qualcomm Inc. fell 3.9% and shares of Nvidia Corp. dropped 3.5%. Advanced Micro Devices Inc. shares declined 3.6%, Micron Technology Inc. shares shed 2.7%, Applied Materials Inc. fell 2.5%, Analog Devices Inc. shares fell 2.7%, Xilinx Inc. shares declined 2.6%, Broadcom Ltd. shares slid 2.1%, and Texas Instruments Inc. shares fell 1.5%. Shares of Intel Corp. , however, were only down 0.4%. As the S&P 500 index fell 1.2%, tech was the index's second worst performing sector, down 1.6%. The tech-heavy Nasdaq Composite Index fell 1.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/27/2017 12:06:03

    Semiconductor stocks tumble, weighing on the tech sector

    Shares of semiconductor stocks plunged on heavy volume on Thursday, weighing on the technology sector, which in turn pressured the broader market lower. The iShares PHLX Semiconductor ETF fell 2.1%, a drop that was more than twice as severe as the 0.8% decline in the Technology Select Sector SPDR ETF . Among the biggest decliners in the group, Advanced Micro Devices Inc. fell 5% on the day while Nvidia Corp. was off 4%. Applied Materials Inc. sank 3.6%. Teradyne Inc. was the biggest loser of the group, dropping 9.9% on the day on volume of more than 6.5 million shares, more than twice its 30-day average. Bucking the trend was Intel Corp , one of the bellwethers of the sector, which was flat on the day. The Dow component is scheduled to report its quarterly results after the market closes. Semiconductors have been strong performers throughout the year, having gained more than 20% thus far in 2017, eclipsing the 18.3% rise of the overall tech sector.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/25/2017 14:27:14

    AMD jumps after beating on earnings, raising forecast

    Advanced Micro Devices Inc. managed to squeak out an adjusted profit in the second quarter thanks to stronger revenue than expected, sending the chip stock on another hot ride in late trading. The company reported a loss of $16 million, or 2 cents a share, on sales of $1.22 billion for the quarter. After adjusting for stock-based compensation and other effects, the company claimed a profit of 2 cents a share. Analysts on average expected AMD to report a breakeven quarter on an adjusted basis on sales of $1.16 billion, according to FactSet. The company also raised its forecast, of great importance to investors looking for new products to boost AMD. AMD now says annual revenue will increase by a mid- to high-teens percentage, after previously projecting low double-digit percentage growth. AMD shares jumped about 8% in immediate after-hours trading following the report's release, putting shares higher than $15 after they closed at $14.11.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/14/2017 08:29:32

    AMD's stock bounces; options traders prep for volatile post-earnings move

    Shares of Advanced Micro Devices Inc. rallied 1.5% in active Friday morning trade, as it bounced after the previous session's 5.3% tumble. MKM Partners derivatives strategist Jim Strugger said in a note to clients that AMD was among the S&P 500 stocks with the largest implied one-day post-earnings moves, and more than the historical average. The options market is pricing the stock to move 11.7% in either direction the day after second-quarter results are released, compared with a historical average of 10.4%. AMD is scheduled to report results on July 25, after the closing bell. AMD's stock has been rather volatile of late, without making much progress. The average one-day move for the stock over the past five months has been 2.8%, while the stock has gained 3.5%. In comparison, the PHLX Semiconductor Index has rallied 14% the past five months and the S&P 500 has gained 4.8%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/13/2017 13:35:31

    AMD's stock reverses sharply lower on heavy volume, as ethereum prices extend selloff

    Shares of Advanced Micro Devices (AMD) erased earlier gains to turn sharply lower in active trade Thursday, bucking the gains in the broader tech sector. What may be weighing on the chip maker, the price of cryptocurrency ethereum was plunging 10% from Thursday's close, and has plummeted 35% so far this month. AMD's graphics chips are the "gold standard" for mining ethereum, according to RBC Capital analyst Mitch Steves, and rocketing ethereum prices through mid June had propelled AMD...

  • 07/07/2017 09:37:26

    AMD's stock surges to lead S&P 500 gainers in active trade

    Shares of Advanced Micro Devices Inc. surged 3.9% in active midday trade Friday, enough to pace the S&P 500's gainers, amid a broad rally in semiconductor stock. Volume topped 49 million shares within two hours after the open, which is already more than half the full-day average, and enough to make the stock the most actively traded on major U.S. exchanges. The PHLX Semiconductor Index hiked up 1.6%, as the stocks of three other chip companies were among the top S&P 500's gainers: Lam Research Corp.'s ran up 3.1%, Applied Materials Inc.'s climbed 3.0% and Nvidia Corp.'s rallied 2.1%. Morgan Stanley analyst Joseph Moore raised his stock price target for Applied Materials to $52 from $47, and for Lam Research to $168 from $135. Moore said he believes capital spending in chips and display is continuing to improve, and that memory strength is driving an "unprecedented" memory cash flow. AMD's stock has now rallied 19% year to date, while the SOX has rallied 16% and the S&P 500 has gained 8.2%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/30/2017 11:49:43

    AMD's stock slips toward its second 6-session losing streak in June

    Advanced Micro Devices Inc.'s stock slipped 0.2% in afternoon trade Friday, putting it in danger of a sixth-straight loss, amid growing worries over competition in the cryptocurrency market. Although this would mark the second six-session losing streak this month--the other ended on June 16--the stock was still up 12.4% in June. The chip maker's monthly gain was supported by two four-session win streaks, one ending June 8 that added 18%, and another ending June 22 that added 26%. On Friday, RBC Capital analyst Mitch Steves fueled the competition fears, by saying if AMD faced a crytocurrency battle with Nvidia Corp. , "we think Nvidia would win." Nvidia's stock was up 1.0% in June. Meanwhile the PHLX Semiconductor Index has lost 4.8% and the S&P 500 has tacked on 0.6% this month.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/29/2017 10:21:16

    AMD's stock falls toward 5th-straight decline amid broad tech weakness

    Shares of Advanced Micro Devices Inc. slid 3.5% in midday trade Thursday, on track for a fifth-straight loss, amid a broad selloff in chip and other technology stocks. AMD's stock has now lost 11% since it last closed up, at a 2 1/2-month high of $14.38 on June 22. On Thursday, the stock shed 1.3% amid growing concerns that upcoming chip offerings from Nvidia Corp. could threaten AMD's dominance in the cryptocurrency market. Nvidia's stock slumped 3.3%. Meanwhile, the PHLX Semiconductor Index shed 2.4% to a six-week low and shares of industry leader Intel Corp. dropped 1.4%. The tech-heavy Nasdaq 100 lost 1.8% and the S&P 500 gave up 0.8%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 06/28/2017 15:39:42

    Spectranetics and General Mills climb; Paychex slides

    Spectranetics and General Mills trade higher while Paychex and Advanced Micro Devices lose ground

  • 06/28/2017 08:13:22

    AMD's stock falls in active trade; analyst confirms Nvidia to release competitive cryptocurrency GPUs

    Shares of Advanced Micro Devices Inc. dropped 0.9% in active morning trade Wednesday, on track for a fourth-straight loss, amid growing concerns over competition for the chip maker's cryptocurrency-specific graphics cards. Volume was 26.2 million shares, making the stock the most actively traded on the Nasdaq exchange. Analyst Christopher Rolland at Susquehanna Financial said he can confirm recent reports of two GPU offerings from Nvidia Corp. , to be released during the third quarter, that are targeted at the cryptocurrency market. "As these new products are more price competitive, they may pose a risk to AMD's current offerings in the market," Rolland wrote in a note to clients. "New cards may upset AMD's alt-crypto coin dominance." Nvidia's stock rose 0.9% in morning trade. AMD share have rallied 17% year to date, while Nvidia's stock has run up 39%, the PHLX Semiconductor Index has rallied 16% and the S&P 500 has gained 8.7%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • More trends:

    Advaxis, Inc.ADXS | Advaxis, Inc.ADXSW | AdvisorShares Sunrise Global Multi-Strategy ETFMULT | AdvisorShares YieldPro ETFYPRO | Aegerion Pharmaceuticals, Inc.AEGR | Aegion CorpAEGN | Aehr Test SystemsAEHR | Aemetis, IncAMTX | AEP Industries Inc.AEPI | Aerie Pharmaceuticals, Inc.AERI |