Is Advanced Micro Devices (AMD) outpacing the stock market?

Advanced Micro Devices (AMD) Outpaces Stock Market Gains: What You Should Know Nvidia, AMD, and Lam Research Slide After Micron Disappoints Intel Restructures Graphics Chip Division To Win Market Share From Nvidia, AMD Too Early to Buy AMD? Charts Provide Clues. Why Chip Stocks Like AMD Are Tumbling Today - Advanced Micro Devices (NASDAQ:AMD)

Is 8x Advanced Micro Devices (AMD) a bearish stock right now?

With a price-to-earnings (or "P/E") ratio of 45. 8x Advanced Micro Devices, Inc. (NASDAQ:AMD) may be sending very bearish signals at the moment, given that almost half of all companies in the United States have P/E ratios under 14x and even P/E's lower than 8x are not unusual.

What is the AMD stock price range?

And as long as the lower edges continue to hold, then the AMD bears will have a hard time taking control of the price action.Short term there are important levels to note. For the last few weeks, AMD stock price range is between $27.50 and $34 per share.

Who owns AMD?

The company was founded by W. J. Sanders III on May 1, 1969 and is headquartered in Santa Clara, CA. Semiconductor manufacturer AMD hasn’t quite met its expectations for last quarter, but investors are pleased it wasn’t even worse.