Stock-Split Watch: Is Advanced Micro Devices Next?
Advanced Micro Devices (NASDAQ: AMD) has been a top performer in the semiconductor industry over the last decade. The fabless chip stock has grabbed market share from Intel PCs and is now competing in the data center AI graphics processing unit (GPU) market, though Nvidia remains the dominant force in that industry. It's also known for its strength in gaming chips.
AMD has grown over the years both organically and through acquisitions like Xilinx, a $50 billion deal that set an industry record. Xilinx is primarily focused on embedded chips that power appliances, consumer electronics, and complex machinery in industries like automotive, aerospace, and defense.
AMD has split its stock in the past, but it hasn't done so since 2000.
Source Fool.com
Advanced Micro Devices Inc. Stock
The stock is one of the favorites of our community with 109 Buy predictions and 3 Sell predictions.
With a target price of 242 € there is a slightly positive potential of 13.24% for Advanced Micro Devices Inc. compared to the current price of 213.7 €.
