Investing

AMD (AMD): More Evidence Of Trouble

The Inquirer reports returned from Computex with grave concerns about the launch of AMD’s (AMD) new chip which is currently call Barcelona. AMD’s channel partners are concerned that the chip will not launch on time, or, that it will not live up to AMD’s high hopes for using it to get share back from Intel (INTC).

When The Inquirer asked about progress on the new chip it mostly got answers along the lines of "no comment". As the online tech site said, that is a response far worse than it was hearing a few short months ago.

Concerns about the new chip pushed AMD’s shares down from $14.40 last week to $13.59 before they made a modest recovery. But, the stock could test a new 52-week low at $12.60 if The Inquirer is right.

Smart Investors Are Quietly Loading Up on These “Dividend Legends”

If you want your portfolio to pay you cash like clockwork, it’s time to stop blindly following conventional wisdom like relying on Dividend Aristocrats. There’s a better option, and we want to show you. We’re offering a brand-new report on 2 stocks we believe offer the rare combination of a high dividend yield and significant stock appreciation upside. If you’re tired of feeling one step behind in this market, this free report is a must-read for you.

Click here to download your FREE copy of “2 Dividend Legends to Hold Forever” and start improving your portfolio today.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.