Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Advanced Micro Devices ( (AMD) ) has provided an announcement.
AMD has expanded its board of directors from eight to nine members and appointed former Accenture Chief Financial Officer KC McClure as an independent director, also naming her to the board’s Audit and Finance Committee. The move adds seasoned financial and governance expertise to AMD’s leadership at a time of intense competition and capital investment in the semiconductor industry, potentially strengthening the company’s oversight of financial strategy, reporting and investor relations for the benefit of shareholders and other stakeholders.
The most recent analyst rating on (AMD) stock is a Buy with a $300.00 price target. To see the full list of analyst forecasts on Advanced Micro Devices stock, see the AMD Stock Forecast page.
Spark’s Take on AMD Stock
According to Spark, TipRanks’ AI Analyst, AMD is a Outperform.
AMD’s strong financial performance and positive earnings call are the most significant factors driving the score. However, technical analysis and high valuation present some risks. The company’s strategic partnerships and growth in key segments like data centers and gaming provide a positive outlook.
To see Spark’s full report on AMD stock, click here.
More about Advanced Micro Devices
Advanced Micro Devices (AMD) is a leading U.S.-based semiconductor company that designs and manufactures high-performance computing and graphics processors for PCs, data centers, gaming and embedded applications, competing in global markets for CPUs, GPUs and accelerators used by consumer, commercial and enterprise customers.
Average Trading Volume: 41,311,645
Technical Sentiment Signal: Buy
Current Market Cap: $377.4B
For an in-depth examination of AMD stock, go to TipRanks’ Overview page.