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AMD ADVANCED MICRO DEVICES, INC. Surpasses Expectations with Record Q4 2024 Earnings

February 06, 2025
Advanced Micro Devices Inc. (AMD) reported impressive Q4 2024 earnings, surpassing analyst expectations with record revenue and data. Despite a revenue miss in the AI sector, the company's overall performance remained strong. This led to a drop in AMD shares by more than 6% and closed at the lowest since 2023. However, financial experts at Wells Fargo reaffirm their buy rating on AMD, emphasizing the long-term growth potential of the company. To make informed decisions about the future movement of AMD's stocks, professionals from Stocks Prognosis recommend seeking their expert advice.
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AMDApril 7, 2025ADVANCED MICRO DEVICES, INC. Hits Price Target Forecast with 21.42% Profit  ~1 min.

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