Previous Close | 47.29 |
Open | 47.29 |
Bid | 47.40 |
Ask | 48.20 |
Strike | 185.00 |
Expire Date | 2026-12-18 |
Day's Range | 47.29 - 47.29 |
Contract Range | N/A |
Volume | |
Open Interest | 360 |
Investing.com -- AMD (NASDAQ:AMD) is set to host its "Advancing AI" event this week, where analysts expect to hear about new product announcements that could lift sales and drive the chipmaker’s stock price.
As the U.S. stock market continues its impressive rally, with the S&P 500 and Dow Jones Industrial Average reaching record highs, investors are increasingly focused on identifying opportunities that may be trading below their estimated fair value. In this buoyant market environment, a good stock is often characterized by strong fundamentals and potential for growth that hasn't yet been fully recognized by the broader market.
Advanced Micro Devices is expected to announce several new artificial intelligence processors and other chips at an event in San Francisco on Thursday, as it grows as a supplier of AI chips in a market dominated by Nvidia. The AMD design aims to compete with Nvidia’s Blackwell architecture. AMD is also likely to announce new server central processing units (CPUs) and PC chips that feature more AI computing horsepower.