Professional
Added to YB: 2024-09-10
Pitch date: 2024-06-30
AMD [bullish]
Advanced Micro Devices, Inc.
+36.55%
current return
Author Info
No bio for this author
Company Info
Advanced Micro Devices, Inc. operates as a semiconductor company internationally. It operates in three segments: Data Center, Client and Gaming, and Embedded.
Market Cap
$354.6B
Pitch Price
$161.25
Price Target
N/A
Dividend
N/A
EV/EBITDA
49.25
P/E
83.33
EV/Sales
10.05
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Alger Spectra Fund Porfolio Holding - Advanced Micro Devices, Inc.
AMD: Q1 met estimates, data center GPUs & server CPUs strong. Q2 guidance raised but below consensus. AI tech intro'd w/ powerful accelerators. Gaining server CPU share. Potential long-term AI infra spend beneficiary. Weak gaming/embedded segments. Near-term results weigh on shares.
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