Ups And Downs: The Best And Worst Tech Stocks In The First Half Of 2017
Submitted by Rick Whiting on
Advanced Micro Devices
CEO: Lisa Su
Dec. 30, 2016: $11.34
June 30, 2017: $12.48
Change: +10.05%
Chipmaker AMD's technological prowess has been on display lately, putting more price-performance competitive pressure on longtime rival Intel. In March the company launched new Ryzen 7 processors, based on the company's Zen core microarchitecture, targeted toward PC gamers and other high-performance systems.
And in June AMD debuted its new Epyc line of processors that's designed to challenge Intel's hold on the server market.
For its first quarter ended April 1, AMD reported revenue of $984 million, up more than 18 percent from $832 million in the first quarter last year. The company reported a loss of $73 million compared with a loss of $109 million one year before.