Advanced Micro Devices Inc

NASDAQ:AMDUnited States

Nov 1, 2024

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• DJ Streetwise: 2 Unlikely Stocks That Gained 3,000% Over The Past Decade -- Barron's, from 9:30PM ET on Friday Nov 01, 2024 by Dow Jones

  9:30PM ET on Friday Nov 01, 2024 by Dow Jones
  Companies Mentioned: FICO, NVDA, PHM, BLDR, AMD
  
  By Jack Hough
  
  Soaring demand for artificial-intelligence chips has unsurprisingly powered the two best 10-year stock performers among current S&P 500 components. Nvidia has roughly returned an otherworldly 31,300%, and Advanced Micro Devices 5,900%. The Nos. 3 and 4 performers, meanwhile, are in businesses that might not evoke images of stock market riches, but are nonetheless producing them. One is known for credit scores that cost about $3.50 a pop. The other sells lumber.
  

• DJ Intel's Outlook Encouraging But Chipmaker Still Expected to Struggle -- Market Talk, from 9:59AM ET on Friday Nov 01, 2024 by Dow Jones

  9:59AM ET on Friday Nov 01, 2024 by Dow Jones
  Companies Mentioned: INTC, NVDA, TSM, AMD
  
  0959 ET - Intel posted a stunning $16.6 billion loss in 3Q but offered guidance for sales growth in the current quarter that was above expectations. "While Intel continued to cede market share to AMD and Nvidia across the majority of its businesses, its data center segment performed better than originally guided," says Benchmark's Cody Acree. But the analyst thinks Intel will continue struggle on both the product design and manufacturing fronts, "when comparing its process capability to TSMC's industry leadership and its product growth rates to AMD and Nvidia," he says. Intel climbs 5.2% to $22.67. (denny.jacob@wsj.com; @pennedbyden)