- Marjorie Taylor Greene purchased shares in Advanced Micro Devices Inc (NASDAQ:AMD), valued between $1,001 and $15,000.
- AMD’s CEO, Lisa Su, remains optimistic about the company’s growth despite regulatory challenges.
- AMD reported a significant double-digit percentage growth in revenue from AI chips, contributing to an earnings beat with a revenue of $7.4 billion for the latest quarter.
On May 5, 2025, Marjorie Taylor Greene made a purchase of shares in Advanced Micro Devices Inc (NASDAQ:AMD), valued between $1,001 and $15,000. AMD is a leading semiconductor company known for its high-performance computing, graphics, and visualization technologies. It competes with other tech giants like Intel and NVIDIA in the semiconductor industry.
AMD’s CEO, Lisa Su, recently appeared on CNBC’s ‘Squawk on the Street’ to discuss the company’s latest earnings and the impact of chip export controls imposed by the Trump administration. Despite these regulatory challenges, Su remains optimistic about AMD’s growth prospects. She acknowledged the export controls as a headwind but emphasized the significant opportunities for growth in the market.
Shares of AMD experienced a 1.8% increase in after-hours trading following the release of the company’s first-quarter 2025 earnings report. A key highlight from the report was the significant double-digit percentage growth in revenue from AI chips, which contributed to the earnings beat. AMD reported a revenue of $7.4 billion for the latest quarter, surpassing analysts’ expectations of $7.1 billion, as highlighted by Barron’s.
However, AMD has expressed concerns over the potential financial impact of export controls to China, which could prove costly. The current stock price of AMD is $99.13, reflecting a change of $0.51, or 0.52%, from the previous trading session. Today, the stock has fluctuated between a low of $97.77 and a high of $103.42. Over the past year, AMD’s stock has reached a high of $187.28 and a low of $76.48. The company has a market capitalization of approximately $160.3 billion, with a trading volume of 40.5 million shares today.
