Advanced Micro Devices (NASDAQ:AMD), Inc.’s (NASDAQ: AMD) high-performance computing and visualization products help gamers get the most from their favorite titles, and over the past five years, the most out of investors' portfolios.
Since May 2017, AMD stock's five-year return has outperformed a number of the world’s most popular tech and multinational investment bank companies: Amazon.com, Inc. (NASDAQ: NASDAQ:AMZN), Microsoft Corporation (NASDAQ: NASDAQ:MSFT), Bank of America Corp (NYSE: NYSE:BAC), Wells Fargo & Co (NYSE: NYSE:WFC) and Starbucks Corporation (NASDAQ: NASDAQ:SBUX).
Advanced Micro Devices designs microprocessors for the computer and consumer electronics industries. The majority of the firm's sales are in the personal computer and data center markets via CPUs and GPUs.
AMD also supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. The firm was founded in 1969 and is headquartered in Santa Clara, California.
Here's how the returns break down from May 2017 to present:
- Wells Fargo is down from $52.41 a share to $43.29 for a return of -17.40%
- Bank of America is up from $23.24 a share to $35.65 for a return of 53.40%
- Amazon is up from $995.78 a share to $2,082.00 for a return of 109.08%
- Microsoft is up from $69.96 a share to $259.62 for a return of 271.10%
- Starbucks is up from $63.30 a share to $72.72 for a return of 14.88%
- And finally, AMD is up from $11.00 a share to $91.16 for a return of 728.23%
Read at Benzinga