US stocks stop their slide after seeing potential upsides from AI [Globe and Mail, The (Toronto, Canada)]
Advanced Micro Devices, Inc. (AMD)
Last advanced micro devices, inc. earnings: 4/28 04:25 pm
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Source: Globe and Mail, The
The S&P 500 rose 0.6%, a day after dropping 1% . The Dow Jones Industrial Average was up 353 points, or 0.7%, as of 11:30 a.m. Eastern time, and the Nasdaq composite was 0.9% higher. Advanced Micro Devices helped lead the market and climbed 7.3% after announcing a multiyear deal where it will supply chips to help power Meta Platforms' AI ambitions . Under the agreement, Meta also got the right to buy up to 160 million shares of AMD stock for 1 cent each, depending in part on how many chips Meta ultimately buys. It's a reminder of the excitement that built in recent years about the billions of dollars pouring into AI, which could remake the world and create a more productive economy. Recently, though, investors have begun to focus more on the potential downsides of AI and how it could undercut profits for certain companies and industries or even make them obsolete. Industries as far flung as software, trucking logistics and financial services have seen investors suddenly and agg
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News
- Advanced Micro Devices (NASDAQ:AMD) had its "outperform" rating reaffirmed by analysts at Evercore Inc.MarketBeat
- Is Advanced Micro Devices Stock Outperforming the S&P 500? [Yahoo! Finance]Yahoo! Finance
- AMD's MI450 Chip Just Landed Its First Mega-Deal. Here's What Investors Should Know. [Yahoo! Finance]Yahoo! Finance
- Advanced Micro Devices (NASDAQ:AMD) had its "buy" rating reaffirmed by analysts at Roth Mkm.MarketBeat
- Advanced Micro Devices Expands Meta AI Deal: 6GW Instinct GPU Plan, Custom MI450 and 160M-Share Warrant [Yahoo! Finance]Yahoo! Finance
AMD
Earnings
- 2/3/26 - Beat
AMD
Sec Filings
- 2/24/26 - Form 8-K
- 2/20/26 - Form 4
- 2/18/26 - Form 4
- AMD's page on the SEC website