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Advanced Micro Devices, Inc. (NASDAQ:AMD) Maintains Strong Position Despite Market Fluctuations
Financial Modeling Prepยท 2025-11-05 14:06
Core Insights - Advanced Micro Devices, Inc. (AMD) is a prominent semiconductor company recognized for its high-performance computing and graphics technologies, competing with major players like Intel and Nvidia [1] - UBS has maintained a "Buy" rating for AMD and raised its price target to $300, with the stock currently trading at $250.05 [1][5] Financial Performance - AMD reported a strong third-quarter performance in 2025, with revenue and adjusted earnings per share (EPS) exceeding Wall Street's expectations, alongside a record free cash flow of $1.53 billion, representing a 208% year-over-year increase [2][5] - The company's guidance for fourth-quarter revenue surpassed analyst consensus estimates, indicating robust financial health [3] Market Reaction - Despite the strong financial results, AMD's shares fell by 3.9% in after-hours trading, influenced by broader market concerns regarding high valuations in the AI sector [2][3] - Hedge fund manager Michael Burry's bearish positions on AI-focused companies, including Nvidia and Palantir Technologies, likely affected AMD's stock performance [3] Stock Performance - AMD's current stock price is $250.05, reflecting a decrease of 3.70% or $9.60, with a trading volume of 53,013,839 shares on the NASDAQ exchange [4] - Over the past year, AMD's stock has fluctuated between a high of $267.08 and a low of $76.48, with a market capitalization of approximately $405.79 billion [4]