Advanced Micro Devices (NASDAQ:AMD) Shares Up 1%

Category: Finance

Advanced Micro Devices, Inc. (AMD) saw a 1% increase in stock price, closing at $139.64 after trading as high as $141.14. Recent brokerage reports have adjusted price targets, with a consensus target of $194.97. AMD reported quarterly earnings of $0.62 per share, slightly above estimates, with revenue of $5.47 billion. Insider trading activity included significant stock sales by EVP Mark D. Papermaster. Institutional investors hold 71.34% of AMD's stock.

Keywords: Advanced Micro Devices, AMD stock, semiconductor earnings

Source: Defense World

Update At: 7/31/2024

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