AMD, short for Advanced Micro Devices, is a publicly traded company whose stock is traded on the New York Stock Exchange and the Nasdaq Small Cap Exchange. The name Advanced Micro Devices comes from the founders’ resemblance to a chip made by NASA.
NASDAQ AMD, based out of Santa Clara, California is an American private semiconductor company that produces personal computer chips and other specialized technology for consumer and business markets. For several years, it has held a large majority of the advanced devices share in the global market. In the last quarter of 2021, it had a net loss, however this loss was made up for by the sale of its appliance business to appliance giant Whirlpool. The stock fell to end the 2021 year at a low point of eleven dollars per share, before rising once again to end the financial year at a profit of two hundred and fifty million dollars.
Due to its reliance on high-tech products like the AMD graphics card, the company is often placed in capital intensive positions due to the need to raise additional financing. Since the majority of its product lines are derived from either the discrete or joint venture basis, it requires significant outside funding to fund its research and development projects. On a recent earnings call, the company’s CFO indicated that the company may be interested in making an acquisition of companies with more advanced devices and manufacturing capabilities; however, this is only a possibility as there are no guarantees regarding the short or long term performance of any of their products.
Currently, AMD only lists five hundred and fifty million shares of stock in the stock market. The average price of one share is about forty-seven cents. If you purchase one thousand shares of AMD stock, you will then own one percent of the total stock. The price to buy shares at the current time is about eleven cents per share. Since the company has not listed any organic products for sale, it is impossible to determine if the stock will increase or decrease in value anytime in the future.
Because of its reliance on technologies that are in high demand, AMD generates a great deal of foreign demand as well. Many countries such as China and Russia have large demands for AMD technologies. In addition, the demand for AMD stock in Europe is also growing. In the United Kingdom, the government is encouraging the creation of new gaming sites by creating a tax credit for those who invest in it. As more foreign companies become interested in investing in the company, the stock price will likely rise.
Unlike other tech stocks, AMD does not normally trade on major exchanges such as Nasdaq. The company trades on the Over The Counter Bulletin Board. This is the market where all stocks listed are allowed to be traded. If you are an investor who wishes to purchase shares via an Over The Counter Bulletin Board, you will need to find a broker to purchase the stock for you. This broker can be found through a number of different online brokerage firms. If you want to know more information relating to releases of AMD, you can check at https://www.webull.com/releases/nasdaq-amd.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.