Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Advanced Micro Devices, Inc.    AMD

ADVANCED MICRO DEVICES, INC.

(AMD)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Wall Street climbs on stimulus hopes; S&P 500 on track for weekly gains

10/09/2020 | 03:04pm EST

(For a live blog on the U.S. stock market, click LIVE/ or type LIVE/ in a news window.)

* Pelosi says stimulus talks would resume with Mnuchin

* Xilinx surges on report of buyout offer by AMD

* Indexes up: Dow 0.5%, S&P 0.7%, Nasdaq 1.1%

Oct 9 (Reuters) - U.S. stocks rose on Friday and the S&P 500 was on track for a second straight week of gains as optimism over more federal fiscal aid gathered momentum.

U.S. House Speaker Nancy Pelosi said she would resume talks on a possible COVID-19 stimulus package with Treasury Secretary Steven Mnuchin later on Friday, with a report saying Mnuchin will present $1.8 trillion in counter offer.

Recent trading on Wall Street has been dictated by headlines on fiscal aid, with the three main indexes tumbling on Tuesday after U.S. President Donald Trump called off negotiations. He has since indicated he was willing to resume discussions.

"The market's reacting well to Trump's sudden turnaround in terms of a support package and this new package that he proposed that's much larger than previously," said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York, New York.

"It probably shows some desperation on his part. A lot of this has been politics, but a lot of people believe the economy really needs some economic support here, so that's a good thing."

The Dow Jones Industrial Average rose 128.45 points, or 0.45%, to 28,553.96, the S&P 500 gained 25.23 points, or 0.73%, to 3,472.06 and the Nasdaq Composite added 127.11 points, or 1.11%, to 11,548.09.

Energy stocks fell more than 1% following recent gains.

Strategists say investors have also begun to digest the possibility of Democratic candidate Joe Biden winning the Nov. 3 preidential election after a fractious debate last month led to a jump in his lead over Trump in several national polls.

In company news, Xilinx Inc surged 13.8% after a report said Advanced Micro Devices Inc was in talks to buy the chipmaker in a deal valued at more than $30 billion. Shares of AMD fell.

General Electric Co jumped 2.3% as a report said Goldman Sachs reinstated coverage on the U.S. industrial conglomerate with a "buy" rating, saying the company will emerge stronger from the COVID-19 pandemic.

Advancing issues outnumbered declining ones on the NYSE by a 1.27-to-1 ratio; on Nasdaq, a 1.41-to-1 ratio favored advancers.

The S&P 500 posted 75 new 52-week highs and one new low; the Nasdaq Composite recorded 135 new highs and 16 new lows. (Additional reporting by Devik Jain and Sagarika Jaisinghani in Bengaluru; Editing by Maju Samuel and Cynthia Osterman)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ADVANCED MICRO DEVICES, INC. 0.55% 87.19 Delayed Quote.89.08%
DJ INDUSTRIAL 0.13% 29910.37 Delayed Quote.4.67%
GENERAL ELECTRIC COMPANY -0.95% 10.4 Delayed Quote.-5.91%
NASDAQ 100 0.87% 12258.211779 Delayed Quote.39.15%
NASDAQ COMP. 0.92% 12205.846315 Delayed Quote.34.79%
S&P 500 0.24% 3638.35 Delayed Quote.12.35%
XILINX, INC. 1.42% 137.49 Delayed Quote.38.65%
All news about ADVANCED MICRO DEVICES, INC.
11/19Nvidia to Bring 'Fortnite' Back to iPhones Amid Epic's App Store Fight
DJ
11/18Nvidia Benefits from Sustained Pandemic-Era Remote Work, Videogaming Demand -..
DJ
11/18Nvidia Benefits from Sustained Pandemic-Era Remote Work, Videogaming Demand -..
DJ
11/16ADVANCED MICRO DEVICES : AMD to Present at Credit Suisse 24th Annual Technology ..
AQ
11/16AMD to Present at Credit Suisse 24th Annual Technology Conference
GL
11/16AMD Announces World's Fastest HPC Accelerator for Scientific Research¹
GL
11/16AMD EPYC™ Processors and New AMD Instinct™ MI100 Accelerator Rede..
GL
11/16ADVANCED MICRO DEVICES : AMD Announces World's Fastest HPC Accelerator for Scien..
AQ
11/16ADVANCED MICRO DEVICES : AMD EPYC™ Processors and New AMD Instinct™ ..
AQ
11/10Nasdaq retreats as technology stocks lose favor
RE
More news
Financials (USD)
Sales 2020 9 536 M - -
Net income 2020 1 219 M - -
Net cash 2020 1 893 M - -
P/E ratio 2020 88,8x
Yield 2020 -
Capitalization 104 B 104 B -
EV / Sales 2020 10,7x
EV / Sales 2021 8,46x
Nbr of Employees 11 400
Free-Float 98,9%
Chart ADVANCED MICRO DEVICES, INC.
Duration : Period :
Advanced Micro Devices, Inc. Technical Analysis Chart | AMD | US0079031078 | MarketScreener
Technical analysis trends ADVANCED MICRO DEVICES, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 39
Average target price 88,74 $
Last Close Price 87,22 $
Spread / Highest target 37,6%
Spread / Average Target 1,74%
Spread / Lowest Target -85,1%
EPS Revisions
Managers
NameTitle
Lisa T. Su President, CEO & Non-Independent Director
John Edward Caldwell Chairman
Keivan Keshvari Senior Vice President-Global Operations
Devinder Kumar Chief Financial Officer, Treasurer & Senior VP
Mark D. Papermaster CTO, Executive VP-Technology & Engineering
Sector and Competitors
1st jan.Capitalization (M$)
ADVANCED MICRO DEVICES, INC.89.08%104 287
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED47.73%444 614
NVIDIA CORPORATION124.99%327 692
INTEL CORPORATION-21.39%192 811
QUALCOMM INCORPORATED63.30%162 954
BROADCOM INC.23.67%158 091