AMD is a CPU, GPU, and adaptive-computing company whose stock thesis depends on data-center GPUs, EPYC server share, ROCm software progress, and hyperscaler efforts to diversify beyond Nvidia.
Advanced Micro Devices (AMD) Stock Price & Market Analysis
AMD · NASDAQ · Semiconductors
Market closedLatest available session print
$528.75
▼ -$33.48(-5.95%)4:00 PM ET - vs previous closeQuote as of Oct 16, 2026, 4:00 PM EDT
Regular-session close · Oct 16, 2026, 4:00 PM EDT.
Last session8%
$526.83L Oct 16 '26$550.96H Oct 16 '26
52-week range72%
$188.22L Mar 3 '26$658.52H Oct 6 '26
Long-term rangesAvailable historyHide
Available history(2000-10-18)80%
$1.61L Jul 27 '15$658.52H Oct 6 '26
Historical range: 2000-10-18–2026-10-16. Earlier trading may not be included.
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Data dates
PriceAt closeLast traded
FundamentalsLast checked
AnalystLast checked
NewsLatest item
What matters next
Next important events
- Nov 3, 2026Next earnings · After market closeConfirmed · After market close · Last verified 2026-10-18
Countdown
16 days out
Reported fundamentals
AMD financial overview
Annual revenue
USD 34.64B
Sales for the fiscal year ended Dec 27, 2025. This is not trailing twelve-month revenue.
Revenue change
+34.3%
Change versus the fiscal year ended Dec 28, 2024.
Net profit margin
12.5%
Net income divided by revenue for the fiscal year ended Dec 27, 2025. This is not the trailing margin.
These reported results describe the business’s recent scale and profitability. Compare cash generation and valuation before forming an investment view; historical growth is not a forecast.
Company · ProfileAbout Advanced Micro Devices (AMD)Sector, leadership, and how Advanced Micro Devices earns its revenue.Technology
Advanced Micro Devices
NASDAQ · AMD · US
Company overview.
- Sector
- Technology
- Industry
- Semiconductors
- Headquarters
- Santa Clara, California
- Country
- US
- Founded
- 1969
- Employees
- 31,000
- CEO
- Dr. Lisa T. Su Ph.D.
- Exchange
- NASDAQ
How Advanced Micro Devices makes money
AI GPUs
Instinct is the swing factor
AMD valuation increasingly depends on whether Instinct accelerators win meaningful AI training and inference deployments at hyperscale customers.
Software
ROCm has to close enough of the CUDA gap
Hardware alone is not enough. Software progress helps determine whether large customers can adopt AMD for demanding AI workloads.
CPU base
EPYC provides durable data-center relevance
Server CPUs give AMD an existing channel into data centers and help stabilize the story while AI GPU share develops.
Competitive frame
Second source can still be valuable
AMD does not need to replace Nvidia to create equity value; it needs to become a credible second source in a market where customers want supply diversity.
Key takeaways for AMD
AMD is a share-gain and second-source AI infrastructure story.
The bull case requires both Instinct adoption and software maturity, not only chip specifications.
The bear case is that Nvidia ecosystem advantages keep AMD from earning premium AI margins.
Business model & operating evidenceExplore business exposure, reported operating measures and the evidence behind growth and profitability claims.
AI business exposure
- Revenue exposure
- AI-specific revenue is not separated in the available company statements.
- Capital-spending dependency
- No reviewed quantitative dependency model is available.
- Compute role
- See the sourced business description; AI labels do not establish compute revenue.
- Platform examples
- An exhaustive, consistently defined product inventory is unavailable.
- Ecosystem links
- Supplier and customer links require reviewed disclosures.
Narrative versus numbers
Demand is expanding
Supporting observation: 50.1%
Year-over-year growth in the latest quarter. This differs from the fiscal-year revenue change shown above. · 2026-06-27
Growth produces accounting profit
Supporting observation: 15.6%
Reported-period net margin. A positive figure supports accounting profitability, not cash generation. · 2026-10-18T14:05:31.692Z
The business generates cash after investment
Supporting observation: USD 1.56B
Latest reported free cash flow. It is not a forecast and may cover a different period from the fiscal-year figures above. · 2026-06-27
These are explicit tests of individual claims, not an overall bull/bear rating. Demand growth can coexist with valuation, concentration and financing risk.
Operating measures
- Revenue
- $11.54Bquarter ended Jun 27, 2026
- Gross margin
- 53.8%quarter ended Jun 27, 2026
- Operating margin
- 17.3%quarter ended Jun 27, 2026
- EPS
- $1.38quarter ended Jun 27, 2026
- Capital expenditure
- $808.00Mquarter ended Jun 27, 2026
- Free cash flow
- $1.56Bquarter ended Jun 27, 2026
- Free cash flow margin
- 13.5%quarter ended Jun 27, 2026
- Operating cash / net income
- 1.03×quarter ended Jun 27, 2026
- Revenue growth year over year
- 50.1%quarter ended Jun 27, 2026
Competitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Reviewed company relationships
Direct competitors, industry comparables and thematic alternatives have different uses. Compare fiscal periods and business mix before comparing multiples.
Company-specific relationship evidence is not included in this snapshot. Explore the industry comparisons below without assuming that every comparable is a direct competitor.
A disclosed relationship is historical evidence, not a current valuation or a recommendation.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
Research tools
Market closed
Regular hours: 9:30 AM–4:00 PM America/New_York
Next open: 2026-10-19 · 9:30 AM America/New_York
Exchange calendar includes scheduled holidays and early closes. Extended-session prices appear separately only when supplied by the quote source.
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