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Advanced Micro Devices (NASDAQ: AMD) stock is making gains in Monday's trading. The semiconductor company's share price was up 5.7% as of 10:45 a.m. ET. AMD stock is gaining ground today following ...
Ironically, AMD stock trades at a P/S ratio of 8.1 today, a far lower valuation than in early 2024, when growth was nowhere close to 27%. It's also roughly just a quarter of Nvidia's valuation.
The semiconductor specialist's share price was down 9.6% as of 1 p.m. ET. AMD published its Q3 results after the market closed yesterday, delivering earnings that were in line with the market's ...
Advanced Micro Devices (NASDAQ: AMD) stock surged in Tuesday's trading. The company's share price closed out the day's trading up 4% and had been up as much as 4.7% earlier in the session.
The semiconductor design company is vying for a seat at the table in the race for artificial intelligence.
AMD stock fell recently after management announced job cuts in areas it is de-emphasizing to shift resources toward its AI-related businesses. With its price drop, the forward P/E is now below ...