14:16 ET -- Advanced Micro Devices is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Several analysts cut AMD price targets after it reported results Tuesday, including a 4% sales increase, to $5.8 billion, but shares were recently up 8%, to $106.56. Recovering PC demand helped results. While AMD's overall fourth-quarter sales outlook was below Wall Street expectations, it issued a strong 2024 forecast for AI chips. Dow Jones & Co. owns Factiva. (josh.beckerman@wsj.com)

(END) Dow Jones Newswires

November 01, 2023 14:31 ET (18:31 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
Advanced Micro Devices (NASDAQ:AMD)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024 Click aqui para mais gráficos Advanced Micro Devices.
Advanced Micro Devices (NASDAQ:AMD)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024 Click aqui para mais gráficos Advanced Micro Devices.