AMD Continues to Gain Market Share

By Jose Najarro – Jun 7, 2022 at 10:15AM

NASDAQ: AMD

Advanced Micro Devices

Market Cap

$245B

Today's Change

(-0.35%) -$0.53

Current Price

$151.74

Price as of April 24, 2024, 4:00 p.m. ET

A recent Steam monthly hardware report shows growth in AMD CPUs.

Today's short video focuses on Advanced Micro Devices (AMD -0.35%) and recent news affecting the company. Unfortunately, there is bearish news surrounding AMD right now. First, Micron Technology (MU -0.60%) recently got a downgrade, which has added to the volatility in the semiconductor market. Second, a report by Jan Peddie Research shows that CPU shipments have slowed down. Watch the video to learn more about AMD's recent market share growth.

*Stock prices used were the market prices of June 6, 2022. The video was published on June 6, 2022.

Jose Najarro has positions in Advanced Micro Devices. The Motley Fool has positions in and recommends Advanced Micro Devices and Intel. The Motley Fool recommends the following options: long January 2023 $57.50 calls on Intel and short January 2023 $57.50 puts on Intel. The Motley Fool has a disclosure policy.