Company Update (NASDAQ:AMD): Advanced Micro Devices, Inc. Recognized by Dow Jones Sustainability Index for Corporate Sustainability Leadership

AMD4Advanced Micro Devices, Inc. (NASDAQ:AMD) announced that it has been named to the Dow Jones Sustainability Index (DJSI) North America, marking its 15th consecutive year on the index and another in a line of recognitions this year for its corporate responsibility leadership in the semiconductor industry.

“AMD has a long history of commitment and leadership in corporate responsibility, and we are honored to once again be named to the Dow Jones Sustainability Index,” said Tim Mohin, senior director of Corporate Responsibility at AMD. “This recognition reflects the hard work of thousands of AMD engineers and employees around the world. Together we have improved the energy efficiency of many of our products, implemented sustainability initiatives to reduce our footprint, and partnered with our suppliers to help improve social and environmental conditions around the world.”

AMD’s award-winning corporate responsibility (CR) efforts span environmental protection, global volunteerism, governance and ethics, supplier responsibility, transparency and reporting, and optimizing the energy efficiency of its processors. The DJSI marks another in a line of CR-related recognitions for AMD this year:

  • AMD’s 25×20 Energy Efficiency Initiative to increase the energy efficiency of AMD Accelerated Processing Units (APUs) 25 fold by 2020 from a baseline of 2014 recently received awards from the Green Electronics Council, Environmental Leader, and the Austin Chamber of Commerce.
  • AMD is also the first semiconductor company to have its climate protection program targets approved by the “Science Based Targets” initiative.
  • Ranked in the Green 500 list for powering one of the most energy-efficient supercomputers — the GSI Helmholtz Center for Heavy Ion Research in Germany — with AMD FirePro™ S9150 GPUs. (Original Source)

Shares of AMD closed today at $5.74, down $0.20 or -3.37%. AMD has a 1-year high of $8 and a 1-year low of $1.65. The stock’s 50-day moving average is $6.92 and its 200-day moving average is $4.57.

On the ratings front, Advanced Micro Devices has been the subject of a number of recent research reports. In a report released yesterday, Canaccord analyst Matt Ramsay reiterated a Buy rating on AMD, with a price target of $8.50, which represents a potential upside of 44% from where the stock is currently trading. Separately, on September 7, Wells Fargo’s David Wong reiterated a Buy rating on the stock.

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Matt Ramsay and David Wong have a total average return of 7.4% and 16.4% respectively. Ramsay has a success rate of 57.2% and is ranked #337 out of 4143 analysts, while Wong has a success rate of 75.9% and is ranked #58.

The street is mostly Bearish on AMD stock. Out of 16 analysts who cover the stock, 6 suggest a Sell rating , 5 suggest a Buy and 5 recommend to Hold the stock. The 12-month average price target assigned to the stock is $5.51, which represents a potential downside of 7% from where the stock is currently trading.

Advanced Micro Devices, Inc. is a global semiconductor company that develops computer processors and related technologies for business and consumer markets. It design and integrate technology for intelligent devices, including personal computers, game consoles and cloud servers. The company operates through the following segments: Computing and Graphics, and Enterprise, Embedded and Semi-Custom. The Computing and Graphics segment includes desktop, notebook processors, chipsets, discrete GPUs and professional graphics. The Enterprise, Embedded and Semi-Custom segment includes server and embedded processors, dense servers, semi-custom SoC products, engineering services and royalties. 


Stay Ahead of Everyone Else

Get The Latest Stock News Alerts