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
$449.04
▲ +$44.64(+11.04%)4:00 PM ET - vs previous closeQuote as of Nov 6, 2026, 4:00 PM EST
Regular-session close · Nov 6, 2026, 4:00 PM EST.
Last session59%
$433.30L Nov 6 '26$459.78H Nov 6 '26
52-week range55%
$188.22L Mar 3 '26$658.52H Oct 6 '26
Long-term rangesAvailable historyHide
Available history(2000-11-08)68%
$1.61L Jul 27 '15$658.52H Oct 6 '26
Historical range: 2000-11-08–2026-11-06. 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
- Feb 2, 2027Next earnings (est.)Estimated
Countdown
86 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 resultsExplore business exposure, reported operating measures and the figures behind growth and profitability claims.
Narrative versus numbers
Demand is expanding
Supporting observation: 44.7%
Year-over-year growth in the latest quarter. This differs from the fiscal-year revenue change shown above. · Source timestamp: Sep 26, 2026
Growth produces accounting profit
Supporting observation: 16.8%
Net margin; the source did not supply a reporting period. Do not compare this reading with the quarterly or fiscal-year figures above. A positive margin does not establish cash generation. · Source timestamp: Nov 8, 2026, 2:54 AM EST
The business generates cash after investment
Supporting observation: USD 554M
Latest free cash flow from the statement feed. It is not a forecast and may cover a different period from the fiscal-year figures above. · Source timestamp: Sep 26, 2026
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
- $13.38Bquarter ended Sep 26, 2026
- Gross margin
- 53.9%quarter ended Sep 26, 2026
- Operating margin
- 21.2%quarter ended Sep 26, 2026
- EPS
- $1.46quarter ended Sep 26, 2026
- Capital expenditure
- $648.00Mquarter ended Sep 26, 2026
- Free cash flow
- $554.00Mquarter ended Sep 26, 2026
- Free cash flow margin
- 4.1%quarter ended Sep 26, 2026
- Operating cash / net income
- 0.50×quarter ended Sep 26, 2026
- Revenue growth year over year
- 44.7%quarter ended Sep 26, 2026
Competitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
Research tools
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Next open: 2026-11-09 · 9:30 AM America/New_York
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