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Published in PC Hardware

AMD shares double in value over three months

by on22 May 2009

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Go from $2.01 to $4.34


We've been watching what is going on in the stock market, and after a huge dive of AMD shares, the company managed to double its value in just under three months.


This means people earned a lot of money if they purchased AMD on on November 25th when the share value was at $1.80 or March 2nd when the same share cost $2.01.

Yesterday the value of a single AMD share was $4.34 and just a month ago it was selling for $3.33. if AMD gets to $5.50 range, it will triple the value of share value compared to November 25th.

AMD products are good, the company is starting to gain share and splitting the manufacturing part from design / sales part of AMD was a good idea, at least for investors.

When it comes to Intel, bad sales of Core i7 and a €1.06 billion EU fine are not helping, especially at the time when Atom threatens to drop down the average selling price of Intel’s CPUs.

You can check AMD's performance here.

 

Last modified on 22 May 2009
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