Advanced Micro Devices Inc. is a Advanced Micro Devices designs and produces microprocessors for the computer and consumer electronics industries. The majority of the firm’s sales are in the computer market via CPUs and GPUs.
Advanced Micro Devices Inc. (AMD) had a rough trading day for Monday March 08 as shares tumbled 5.81%, or a loss of $-4.56 per share, to close at $73.96. After opening the day at $78.03, shares of Advanced Micro Devices Inc. traded as high as $79.00 and as low as $73.86. Volume was 53.96 million shares over 430,903 trades, against an average daily volume of n/a shares and a total float of 1.21 billion.
As a result of the decline, Advanced Micro Devices Inc. now has a market cap of $89.59 billion. In the last year, shares of Advanced Micro Devices Inc. have traded between a range of $99.24 and $36.75, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
Advanced Micro Devices designs and produces microprocessors for the computer and consumer electronics industries. The majority of the firm’s sales are in the computer market via CPUs and GPUs. AMD acquired graphics processor and chipset maker ATI in 2006 in an effort to improve its positioning in the PC food chain. In 2009, the firm spun out its manufacturing operations to form a foundry joint venture, GlobalFoundries. In 2020, the firm agreed to acquire FPGA-leader Xilinx.
Advanced Micro Devices Inc. is based out of Santa Clara, CA and has some 12,600 employees. Its CEO is Lisa T. Su.