Professional
Added to YB: 2024-10-04
Pitch date: 2024-10-03
AMD [bullish]
Advanced Micro Devices, Inc.
+26.57%
current return
Author Info
No bio for this author
Company Info
Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. It operates in three segments: Data Center, Client and Gaming, and Embedded.
Market Cap
$360.0B
Pitch Price
$166.53
Price Target
N/A
Dividend
N/A
EV/EBITDA
56.04
P/E
115.77
EV/Sales
11.13
Sector
Semiconductors and Semiconductor Equipment
Category
special_situation
BofA Sees AMD’s ‘Advancing AI’ Event as a Stock Catalyst Amid High Expectations
AMD: Oct 10 'Advancing AI' event could boost stock; last year's event led to 19% 1M & 80% 3M returns. BofA sees potential for roadmap updates & cloud customer comments to reinvigorate stock (+9% YTD). Investors expect 2024 AI sales boost to $5B+, but competition intensifying.
Read full article (1 min)