|Bid||33.50 x 0|
|Ask||33.59 x 0|
|Day's range||32.83 - 34.56|
|52-week range||32.83 - 53.00|
|Beta (5Y monthly)||0.60|
|PE ratio (TTM)||6.75|
|Forward dividend & yield||1.22 (3.55%)|
|Ex-dividend date||05 May 2022|
|1y target est||N/A|
Advanced Micro Devices (NASDAQ: AMD) and Qualcomm (NASDAQ: QCOM) both saw their stock prices surge to all-time highs last year, but both semiconductor plays have stumbled in recent months as rising interest rates drove investors out of tech stocks and into more conservative investments. AMD and Qualcomm are both "fabless" chipmakers, meaning they outsource the production of their chips to third-party foundries. It trails behind Intel and Nvidia in CPUs and GPUs, respectively, but it doesn't face any other notable rivals in either market.
Shares of Advanced Micro Devices (NASDAQ: AMD) are down 29% in 2022, but there are no signs of a slowdown in the company's growth. The latest market-share numbers for the x86 processor space (which includes processors that are used in computers, servers, consoles, and Internet of Things devices) from Mercury Research tell us just why AMD has been putting up healthy growth quarter after quarter. AMD once again took business away from Intel (NASDAQ: INTC) in the first quarter of 2022 in key areas that sent its x86 market share to a record high.
SANTA CLARA, Calif., May 19, 2022--Intel releases an open source tool to migrate code to SYCL1 through SYCLomatic, which helps developers more easily port CUDA code to SYCL and C++.