AMD posts narrower loss on demand for graphic chips

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Go back to AMD posts narrower loss on demand for graphic chips

Jefferies Reiterates Buy on Advanced Micro Devices (AMD) Following 4Q Report

February 1, 2017 7:27 AM EST

Jefferies reiterated a Buy rating and $13.00 price target on Advanced Micro Devices (NASDAQ: AMD) following the company's 4Q earnings report. AMD's 4Q16 sales of $1.11b beat consensus $1.07b by 310bps on better Compute & Graphics segment revenue. Non-GAAP loss per share was $0.01, in line with... More