AMD stock gains after Intel CEO announcement suggests 'an opening for AMD' [MarketWatch]
Advanced Micro Devices, Inc. (AMD)
Last advanced micro devices, inc. earnings: 4/28 04:25 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.amd.com/investor-overview
Company Research
Source: MarketWatch
AMD stock gains after Intel CEO announcement suggests 'an opening for AMD' Intel Corp. INTC, -2.61% shares are down 2.5% in Thursday morning trading, while Advanced Micro Devices Inc. AMD, +7.08% shares are up nearly 5%, after Intel announced that it was promoting its interim chief executive , Bob Swan, to the top spot on a permanent basis. He had been Intel's chief financial officer since 2016. "The initial reaction" in the stocks suggests that Swan's appointment "could open up a window for AMD to be more competitive on the server and GPU technology roadmap," wrote Mizuho's Vijay Rakesh, given that Swan isn't a "technologist." Intel has stumbled lately with its 14-nanometer and 10-nanometer roadmap, Rakesh said. Wells Fargo analyst Aaron Rakers said in a note to clients that "we think many investors were hoping Intel would name an outside CEO." Intel shares are down 0.8% over the past three months, as AMD's stock has gained 33% and the Dow Jones Industrial Average DJIA, -0.14%
Show less
Read more
Impact Snapshot
Event Time:
AMD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AMD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AMD alerts
High impacting Advanced Micro Devices, Inc. news events
Weekly update
A roundup of the hottest topics
AMD
News
- Advanced Micro Devices, Inc. (NASDAQ: AMD) had its price target raised by analysts at TD Cowen from $185.00 to $200.00. They now have a "buy" rating on the stock.MarketBeat
- Advanced Micro Devices, Inc. (NASDAQ: AMD) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $200.00 price target on the stock.MarketBeat
- AMD Expands Portfolio With the Launch of Ryzen PRO Series [Yahoo! Finance]Yahoo! Finance
- Is Trending Stock Advanced Micro Devices, Inc. (AMD) a Buy Now? [Yahoo! Finance]Yahoo! Finance
- Here's Why Advanced Micro Devices (NASDAQ:AMD) Can Manage Its Debt Responsibly [Yahoo! Finance]Yahoo! Finance
AMD
Earnings
- 1/30/24 - Beat
AMD
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- 4/15/24 - Form 144
- AMD's page on the SEC website