Advanced Micro Devices, Inc. is a global semiconductor company.
Fair value: $54.50
Average yearly return: +55%
AMD’s 18-cent non-GAAP earnings met analyst consensus estimates. Revenue grew by 40.9% from last year to $1.79 billion. The sales growth impressed investors.
AMD expects second-quarter revenue of $1.85 billion. This is a 21% yearly increase and 4% sequentially.