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AMD

SP100NasdaqGS

Advanced Micro Devices, Inc.

Technology · Semiconductors · United States

$460.45
-2.70% today
Mkt Cap
$751.67B
P/E
117.16×
Fwd P/E
29.73×
Div Yield
N/A
Beta
2.49×
52W Range
71.5%
Company profileSource: provider

Advanced Micro Devices, Inc. operates as a semiconductor company internationally. It operates in three segments: Data Center, Client and Gaming, and Embedded. The company offers artificial intelligence (AI) accelerators, microprocessors, and graphics processing units (GPUs) as standalone devices or as incorporated into accelerated processing units, chipsets, and data center and professional GPUs; and embedded processors and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing units, field programmable gate arrays (FPGA), system on modules, AI network interface cards, and adaptive SoC products. It provides processors under the AMD Ryzen, AMD Ryzen AI, AMD Ryzen PRO, AMD Ryzen Threadripper, AMD Ryzen Threadripper PRO, AMD Athlon, and AMD PRO A-Series brands; graphics under the AMD Radeon graphics and AMD Embedded Radeon graphics; professional graphics under the AMD Radeon Pro graphics brand; and AI and general-purpose compute infrastructure for hyperscale providers. The company offers data center graphics under the AMD Instinct accelerators and Radeon PRO V-series brands; server microprocessors under the AMD EPYC brand; low power solutions under the AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, and AMD R-Series and G-Series brands; FPGA products under the Virtex-6, Virtex-7, Virtex UltraScale+, Kintex-7, Kintex UltraScale, Kintex UltraScale+, Artix-7, Artix UltraScale+, Spartan-6, and Spartan-7 brands; adaptive SOCs under the Zynq-7000, Zynq UltraScale+ MPSoC, Zynq UltraScale+ RFSoCs, Versal HBM, Versal Premium, Versal Prime, Versal AI Core, Versal AI Edge, Vitis, and Vivado brands; and compute and network acceleration board products under the Alveo and Pensando brands. It serves original equipment and design manufacturers, public cloud service providers, system integrators, distributors, and add-in-board manufacturers. The company was incorporated in 1969 and is headquartered in Santa Clara, California.

www.amd.com
By the numbersComputed from live metrics

Shares trade at a premium 172.6× trailing earnings, easing to 39.3× on forward estimates. Profitability shows a net margin of 13.4% and return on equity of 8.1%. Leverage is modest at -1.1× net debt/EBITDA. Revenue grew 37.8% year-on-year. The mean analyst target of USD508.31 sits 1.8% below the current price (Strong Buy, 48 analysts).

AI analysisAI-generated · 04 Jul 2026 · claude-opus (research)

business model

AMD is a fabless semiconductor company that designs CPUs, GPUs, and adaptive/embedded chips and outsources manufacturing (primarily to TSMC). It earns revenue by selling processors and accelerators to data-center operators, PC and server OEMs, gaming consoles, and embedded customers.

revenue segments

Four segments: Data Center (EPYC server CPUs and Instinct AI GPUs, the key growth engine), Client (Ryzen PC processors), Gaming (semi-custom chips for PlayStation and Xbox plus Radeon GPUs), and Embedded (largely from the Xilinx acquisition). Revenue is global with significant sales into Asia-based manufacturing and cloud customers.

key dependencies

Critically dependent on TSMC for advanced-node manufacturing, on hyperscaler and OEM demand, and on software/ecosystem support (ROCm versus CUDA). It is exposed to US export controls on AI chips to China and to memory/component availability.

competitors

Competes with Intel in CPUs, Nvidia in GPUs and AI accelerators, and increasingly with hyperscaler in-house silicon and Arm-based designs; in embedded/FPGA it faces Intel/Altera and others.

moat

Moat is moderate: strong x86 CPU design capability, a competitive chiplet architecture, semi-custom console wins, and Xilinx's embedded franchise, but it lacks Nvidia's entrenched CUDA software ecosystem and depends on an external foundry.

risks

Risks include intense competition (especially Nvidia's AI dominance and CUDA lock-in), reliance on a single leading-edge foundry, cyclicality in PCs and gaming, export-control limits on China AI sales, and execution risk in scaling data-center GPU adoption.

01

Financials & metrics

as of 28 Aug 2026
52-week rangeNear 52-week high · 71%
Low $149.22Now $460.45High $584.73

Price is closer to the high end of its range. Green = nearer the yearly low, red = nearer the high — a position indicator, not a buy/sell signal.

Valuation
Profitability
Growth
Financial Health
Efficiency
Cash Flow
Per Share
Dividend
Market

Tap any metric for an explanation. provider computedN/A not available from source

Profit & loss · annual (USD)latest net margin 12.5%
📈

Valuation history is being recorded

We snapshot P/E and price targets daily. This chart fills in over the coming days.

Full financial statements

Income statement

Line item20252024202320222021
Total revenue$34.64B$25.79B$22.68B$23.60B
Cost of revenue$17.49B$13.06B$12.22B$13.00B
Gross profit$17.15B$12.72B$10.46B$10.60B
Operating expense$13.46B$10.64B$10.06B$9.34B
R&D$8.09B$6.46B$5.87B$5.00B
Operating income$3.69B$2.09B$401.00M$1.26B
Interest expense$131.00M$92.00M$106.00M$88.00M
Pretax income$4.14B$1.99B$492.00M$1.18B
Tax provision-$103.00M$381.00M-$346.00M-$122.00M
Net income$4.33B$1.64B$854.00M$1.32B
EBITDA$7.28B$5.14B$4.05B$5.53B
Diluted EPS$2.65$1.00$0.53$0.84

Balance sheet

Line item20252024202320222021
Total assets$76.93B$69.23B$67.89B$67.58B
Current assets$26.95B$19.05B$16.77B$15.02B
Cash & equivalents$5.54B$3.79B$3.93B$4.83B
Inventory$7.92B$5.73B$4.35B$3.77B
Total liabilities$13.93B$11.66B$11.99B$12.83B
Current liabilities$9.46B$7.28B$6.69B$6.37B
Total debt$3.85B$2.21B$3.00B$2.86B
Long-term debt$2.35B$1.72B$1.72B$2.47B
Shareholders' equity$63.00B$57.57B$55.89B$54.75B
Retained earnings$6.70B$2.36B$723.00M-$131.00M
Working capital$17.49B$11.77B$10.08B$8.65B

Cash flow

Line item20252024202320222021
Operating cash flow$7.71B$3.04B$1.67B$3.56B
Investing cash flow-$5.53B-$1.10B-$1.42B$2.00B
Financing cash flow-$431.00M-$2.06B-$1.15B-$3.26B
Capital expenditure-$974.00M-$636.00M-$546.00M-$450.00M
Free cash flow$6.74B$2.40B$1.12B$3.12B
Share buybacks-$1.92B-$1.59B-$1.41B-$4.11B
End cash position$5.56B$3.81B$3.93B$4.83B

Reported figures from public filings via Yahoo Finance. Line coverage varies by company. Not investment advice.

02

Dividends

This company does not currently pay a dividend.

03

Analyst assessment

as of 28 Aug 2026
Strong Buy48 analysts
Implied to mean target
+33.2%
Low $365.00High $1,250.00
Now
$460.45
Low
$365.00
Mean
$613.09
High
$1,250.00
Rating distribution
Strong Buy 5
Buy 38
Hold 10
Sell 0
Strong Sell 0

Aggregate consensus only. Named per-analyst targets require a premium source and are not shown; the data model is ready to hold them if one is added.

04

Technicals

as of 27 Aug 2026
CloseSMA 50SMA 200Golden cross
SMA 50
$507.70
SMA 200
$334.61
RSI (14)
47.1
MACD
-7.88
RSI (14) · overbought > 70 · oversold < 30
05

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06

Sector peers

Other Technology names by market cap.

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MSFTMicrosoft Corporation$489.17$3.63T27.3+78%
AVGOBroadcom Inc.$361.80$1.72T60.2+87%
MUMicron Technology, Inc.$912.65$1.03T20.6+141%
INTCIntel Corporation$87.25$461.19B+129%
07

Notes & alerts

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