Previous close | 150.100 |
Open | 150.000 |
Bid | 150.000 x N/A |
Ask | 0.000 x N/A |
Day's range | 150.000 - 150.000 |
52-week range | 150.000 - 300.000 |
Volume | |
Avg. volume | 2 |
Market cap | 1.388T |
Beta (5Y monthly) | 1.00 |
PE ratio (TTM) | 48.08 |
EPS (TTM) | 3.120 |
Earnings date | 25 Apr 2024 - 29 Apr 2024 |
Forward dividend & yield | 3.91 (2.61%) |
Ex-dividend date | 06 Feb 2024 |
1y target est | N/A |
Advanced Micro Devices stock has risen on expectations for continued market share gains in processors for PCs and servers.
Shares of Intel (INTC) and Advanced Micro Devices (AMD) closed Monday slightly in the red after China issued guidelines to phase out the use of US chipmakers' products in government servers and computers, according to a report from the Financial Times. The guidelines, aimed at boosting security within government systems, have approved only 18 processors, all of which are from Chinese companies. This move is seen as a direct challenge to the dominance of American chip manufacturers as security tensions escalate between the US and China. Yahoo Finance's Akiko Fujita and Josh Lipton break down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith and updated by Luke Carberry Mogan.
The Biden administration awarded Intel (INTC) $8.5 billion in US grants earlier this week as part of the CHIPS and Science Act. The chip company will utilize the funds to build out its proposed domestic semiconductor plants in the US. Intel CEO Pat Gelsinger sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss his meeting with President Biden and key cabinet members, and Intel's newfound ability to "become [more] economic" about its production and manufacturing scale coming out of the pandemic. "Yes, indeed, it is a time to build more resilient, sustainable, and trusted supply chains for the digital future of the nation that is being supercharged by the AI era that we're in. Now it's time to make these moves, and this is a moment that I think really will be defining in that transitioning of the supply chains of the nation, as well as for intel," Gelsinger says. "We're doing what we said we would." Gelsinger also comments on the increasing competition from semiconductor producers in Asia as the Biden administration's investments in capacity is expected to boost Intel's own market share. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.