AMD Shares Down 1.6%

AMD stock traded as low as $162.93 and last traded at $164.26, with 26,236,584 shares changing hands

Analysts have issued mixed ratings for AMD, with Jefferies Financial Group setting a target price of $190 and Mizuho at $215.

AMD reported quarterly earnings of $0.62 per share, beating estimates by $0.01, with a revenue of $5.47 billion.

AMD has a debt-to-equity ratio of 0.03, a quick ratio of 1.92, and a current ratio of 2.64, with a market cap of $264.35 billion.

CEO Lisa Su sold 125,000 shares for $24.39 million, while EVP Mark Papermaster sold 16,200 shares for $2.66 million.

Major investors like Vanguard and Fisher Asset Management have increased their holdings in AMD, reflecting strong institutional confidence.

Despite the drop, AMD maintains robust financial health and market performance, with a significant year-over-year revenue increase.

AMD offers x86 microprocessors, GPUs, SoCs, FPGAs, and adaptive SoC products, serving diverse segments like data center and gaming.

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