About Advanced Micro Devices, Inc. - Common Stock (AMD)
Advanced Micro Devices is a leading global semiconductor company that designs and manufactures computing and graphics solutions for a wide range of applications. The company is known for its innovative microprocessors, graphics cards, and system-on-chip products, which are used in personal computers, servers, and embedded systems. AMD focuses on high-performance computing, gaming, and data center markets, offering advanced technologies that compete with those of other major players in the industry. By delivering cutting-edge products that push the boundaries of processing power and efficiency, AMD plays a critical role in driving technological advancements and enhancing user experiences across various platforms. Read More
Curious about the top performers within the S&P500 index in the middle of the day on Wednesday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Nvidia Corp (NVDA) and Advanced Micro Devices (AMD) stocks rise after Trump plans to repeal Biden's AI restrictions. Huawei faces penalties for violating US sanctions, while US seeks individual deals with countries. Trump's government blacklisted Huawei in 2019 and Biden imposed semiconductor sanctions. Trump showcases Saudi Arabia's $600B investment commitment, including deals with Amazon, Oracle, and AMD. NVDA up 2.96%, AMD up 3.25% premarket. Can Corning-Broadcom deal transform AI's data center future?
Trump announced economic deals worth over $243.5 billion between the two countries, including a historic sale of Boeing aircraft and GE Aerospace engines to Qatar Airways.
Shares of young adult apparel retailer American Eagle Outfitters (NYSE:AEO) fell 6.9% in the morning session after the company pulled its financial outlook for the year, citing "macro uncertainty." It also planned to write down $75 million in spring and summer merchandise.
First-quarter sales are projected to decline by 5%, reflecting weakening consumer demand or competitive pressures. The company also anticipates an adjusted operating loss of approximately $68 million, driven by the inventory write-down and increased promotional spending.
This announcement limits visibility into future performance and might undermine investor confidence in the near term.
Shares of server solutions provider Super Micro (NASDAQ:SMCI) jumped 17.7% in the morning session after the company announced shipments of high-density servers powered by AMD's EPYC 4005 processors and revealed a $20 billion multi-year partnership with Saudi data center firm DataVolt. The deal aims to accelerate delivery of GPU platforms for hyperscale AI campuses in Saudi Arabia and the U.S.
Shares of digital storytelling platform WEBTOON (NASDAQ:WBTN) fell 14.2% in the morning session after the company reported weak first quarter 2025 results: its revenue and EPS missed. The shortfall was driven by a modest decline in Paid Content sales, which remained the company's largest revenue stream, even as Advertising and IP Adaptations grew modestly.
Adjusted EBITDA fell a lot from the prior year, and margins shrank, as operating expenses soared. These cost increases overwhelmed the modest top-line performance and pushed adjusted earnings per share down.
Shares of computer processor maker AMD (NASDAQ:AMD)
jumped 5.4% in the morning session after the company announced a new $6 billion share buyback program. This adds to the approximately $4 billion remaining under the existing program, bringing the total repurchase authorization to around $10 billion.
The US market is yet to commence its session on Wednesday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
SANTA CLARA, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced that its board of directors approved a new $6 billion share repurchase program. The new authorization is in addition to the remaining balance, as of March 29, 2025, of approximately $4 billion of its existing share repurchase program, increasing the total current repurchase authority to approximately $10 billion.
Raymond James opined that Super Micro has positioned itself in a sweet spot between the branded IT suppliers, such as Dell and HP Enterprises, and contract manufacturers, such as Quanta.
Agricultural and construction machinery company Deere (NYSE:DE) will be announcing earnings results tomorrow before market open. Here’s what you need to know.
