AMD Reports 2016 Second Quarter Results

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Advanced Micro Devices (AMD) Adds to Recent Gains

July 25, 2016 10:45 AM EDT

Advanced Micro Devices (NASDAQ: AMD) shares were strong Monday, rising over 9%. The stock has been on an upswing since the company reported strong Q2 results on Thursday after the market close.

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MKM Partners Remains Bullish on Advanced Micro Devices (AMD) Following Strong 2Q

July 22, 2016 11:01 AM EDT

MKM Partners reiterated a Buy rating and $6.30 price target on Advanced Micro Devices (NASDAQ: AMD) following the company's 2Q earnings report. AMD reported a $0.04 EPS beat. Revenue was also strong in the quarter, due primarily to semi-custom game consoles and GPUs offsetting a weakness in... More

AMD (AMD) PT Lifted to $5.50 at Mizuho But Remains Sidelined

July 22, 2016 7:13 AM EDT

Mizuho Securities analyst Vijay Rakesh raised its price target on AMD (NASDAQ: AMD) to $5.50 (from $4.50) following results but maintained a Neutral rating.

Rakesh commented, "AMD reported 2Q16 Rev/EPS inline with consensus. Strength was driven by its lower margin Semi custom SoCs and... More

Advanced Micro Devices (AMD) Tops Q2 EPS by 3c

July 21, 2016 4:17 PM EDT

Advanced Micro Devices (NASDAQ: AMD) reported Q2 EPS of ($0.05), $0.03 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $951.29 million.

"In the second quarter we accomplished a significant milestone as we returned to non-GAAP... More