AMD Stock Price August 2024 – Here Are Fundamental Details

AMD Stock Price August 2024 – Here Are Fundamental Details
AMD Stock Price August 2024 – Here Are Fundamental Details

The post provides knowledge about AMD stock price. It tells the exact position of this stock and what its future state may look like.

Highlights –

  • AMD stock price is in the news right now and people are keeping a close eye on it.
  • On 9 August, AMD stock price is 136.32 dollars.
  • The share price is depicting a growth of 5.95% (+7.65 dollars).
  • The recent week was not so good for the stock market. Even a giant like AMD suffered due to it.
  • The stocks of AMD are showing progress. The condition might get even better in the coming week.

AMD Stock Price: An Overview

AMD is widely known as Advanced Micro Devices Inc. The latest AMD stock price (as on NASDAQ) is $136.32. This depicts a growth of 5.95%.

If we notice the online data then it can be evaluated that AMD is gaining ground, particularly in the server market. So, this corporation is getting an advantage at Intel’s expense which is one of its main opponents in the marketplace.

About AMD

Advanced Micro Devices Inc. is a company that deals in the semiconductors business. The main segments of this organization are client management, embedded structuring, data centers, and gaming.

This is a global company that is known for its quality-driven products and services. Some of its main-line products are CPUs, chipsets, GPUs, SOC products, etc.

AMD Stock Price August 2024 – Here Are Fundamental Details
AMD Stock Price August 2024 – Here Are Fundamental Details

AMD Stock Fluctuations

Earlier this week, the stock market saw a downfall. There were speculations about recession and the US job-based report also created a major tension in the market. Now, things have turned out to be a little better. The market is recovering from major sell-offs.

On August 8, Thursday it was observed that the chip stocks company showed progress. They seem to be recovering from the losses of the previous weeks.

The market specialists feel that the perspective of the chip-based industry is very promising. The primary reason is the growth of AI (Artificial Intelligence). Lots of industries are dependent on AI. Therefore, chip stocks can surely benefit from such a scenario.

No doubt, the stock market has gone through many fluctuations. And hence the chip and semiconductor industries are also affected by the plunge. The recent volatility in the stocks has given an option to investors to buy the dip. This could boost the returns in the coming times.

AMD Stock Price Conclusion

During this week, the stock market saw a major downfall. Various factors were responsible for it. Hence, just a single aspect can’t be blamed. The semiconductor and chip-based companies also suffered a wipeout situation. AMD is also one such company whose stock value came down. But now things have started improving for this venture. AMD stock price on Friday, August 9 is 136.3 dollars. This shows a clear upward position of 5.95%.

The market experts have a vision that the chip-based segment will see less impact than other industries. The reason is the rising reliance on smart gadgets, new technology, and AI. For more knowledge on finance like this make sure to access Financereview.Org.

What do you think?

Written by David Smith

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