AMD’s Stock 20% Fluctuation in Less Than a Week

AMD Ryzen New Mobile APU - CPUs Credit by AMD

AMD Ryzen New Mobile APU – CPUs Credit by AMD

Advanced Micro Devices “AMD” in 2017 has rolled out its new Ryzen chips for desktops and now laptops, new Epyc chips and CPUs for servers, and new series of Vega graphics cards. The results of years of crash development under CEO Lisa Su, New chips were supposed to get AMD back in the game against Intel (INTC, +2.68%) and Nvidia (NVDA, -0.34%) and come back significantly to market share that had gone away over the past decade. But with all the new products AMD  has now in the market, AMD’s stock price on sunk as low as $11.07, below where 2016 end point at $11.34. Monday’s plunge capped a four day, 20% drop since AMD (AMD, -1.23%) reported third quarter earnings on October 24 and failed to bring the kind of sales growth Wall Street likes. In the same period, Intel has gained 9%  while Nvidia, that reports November 9, is up 3%.

AMD’s third quarter sales grew 26% to $1.6 billion and AMD reported net income of $71 million, first real profits since 2014. AMD did not, however, raise its forecast for fourth quarter sales and profit as much as some investors hoped. One of AMD’s most potent new products for growth new chips for laptops called APU that uses Ryzen and Vega designs together, have only just been announced last week. A few laptops have been announced for 2017, but the most of manufacturers won’t until early 2018. And after all it is a come back for AMD and it may take a while for people to trust AMD CPUs again. for last 5 years maybe after AMD Phenom series there have been no significant product in CPU area but maybe some moves in graphics. Now the Rizen is on fire and with the second generation of 12nm AMD Ryzen in early 2018 maybe this come back gets stronger.

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Technology, AMD 3rd quarter earning, AMD new CPU, AMD new ryzen, AMD new vega, AMD new laptop cpu, AMD new epyc cpu, amd 2017

Mohsen Daemi
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