The Ratings Game: AMD’s stock powers up to 13-year high, as Microsoft’s new Xbox provides a boost [MarketWatch]
Advanced Micro Devices, Inc. (AMD)
Last advanced micro devices, inc. earnings: 4/28 04:25 pm
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Source: MarketWatch
AMD’s stock powers up to 13-year high, as Microsoft’s new Xbox provides a boost Shares of Advanced Micro Devices Inc. powered higher in active trade Monday to a 13-year high, boosted by Microsoft Corp.’s announcement that its next-generation Xbox gaming console will use AMD chips. Microsoft MSFT, +0.91% said over the weekend that “ Project Scarlett ,” the code name for its new Xbox console that is set to arrive during the 2020 holiday season, will be powered by “custom-designed” AMD processors. Microsoft said the new Xbox will allow users to stream games from their Xbox One consoles to a mobile device. “While AMD’s positioning in Microsoft’s next-gen Xbox has been expected, we think this should still be considered positive as it reinforces AMD’s positioning in the high-end processor and graphics market for game consoles (Microsoft’s ‘Project Scarlett’ and Sony’s PS5 consoles),” analyst Aaron Rakers at Wells Fargo wrote in a note to clients. AMD’s stock AMD, +2.53% jumped 2.5% in
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AMD
News
- Global Data Center Chip Market Report by Chip Type, Data Center Size, Industry Vertical, and Region 2024-2032 [Yahoo! Finance]Yahoo! Finance
- AMD Receives IEEE 2024 Corporate Innovation Award for Leadership in Chiplet Design for High-Performance and Adaptive Computing [Financial Post (Toronto, Ontario, Canada)]Financial Post
- AMD Receives IEEE 2024 Corporate Innovation Award for Leadership in Chiplet Design for High-Performance and Adaptive Computing [Yahoo! Finance]Yahoo! Finance
- AMD Receives IEEE 2024 Corporate Innovation Award for Leadership in Chiplet Design for High-Performance and Adaptive ComputingGlobeNewswire
- Stock Market News for May 7, 2024 [Yahoo! Finance]Yahoo! Finance
AMD
Earnings
- 4/30/24 - Beat
AMD
Sec Filings
- 5/10/24 - Form 4
- 5/10/24 - Form 4
- 5/10/24 - Form 4
- AMD's page on the SEC website