AMD Jan 2024 165.000 put
| Previous close | 42.62 |
| Open | 41.94 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 165.00 |
| Expiry date | 2024-01-19 |
| Day's range | 41.94 - 42.62 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
Motley FoolWhy Advanced Micro Devices Rallied 23% in November
Advanced Micro Devices (NASDAQ: AMD) rallied 23% in the month of November, according to data from S&P Global Market Intelligence. In addition, management gave a strong outlook for its data center segment and specifically sales of its MI300 accelerator for AI applications, which is in its first stages of commercial ramp-up. In its third quarter, AMD grew revenue 4.1%, with adjusted (non-GAAP) earnings per share of $0.70, beating analyst expectations.
Motley Fool1 Reason to Buy Intel Stock Instead of AMD
Advanced Micro Devices' (NASDAQ: AMD) turnaround over the past six years couldn't have gone any better. A combination of good products, industry-leading manufacturing technology from Taiwan Semiconductor Manufacturing Company (TSMC), and delays and missteps by Intel (NASDAQ: INTC) has made AMD competitive. AMD is now worth more than Intel, a situation that would have been unthinkable a few years ago.
Motley FoolIs It too Late to Buy AMD Stock?
Chip stocks captivated Wall Street this year as the artificial intelligence (AI) market has exploded. Chipmakers like Advanced Micro Devices (NASDAQ: AMD) and Nvidia are well positioned to profit substantially from AI over the long term, with bullish investors sending their stocks soaring 87% and 220%, respectively, since Jan. 1. Nvidia has taken center stage in AI since the start of 2023, getting a head start over its competitors and snapping up a majority-market share.
