Advanced Micro Devices has solidified its position as a key player in the artificial intelligence sector, challenging Nvidia in the high-performance graphics processing units market for gamers and designers, while also gaining ground on Intel in various niches. AMD’s stock has skyrocketed by a remarkable 3,410% over the past decade, outperforming the S&P 500, which only saw a 231% gain, and leaving Intel investors with a 29% loss. Despite not offering reinvested dividends, AMD’s growth trajectory has been nothing short of astonishing.
Tracing AMD’s Stock-Split Evolution
Speculation surrounding a potential stock split arose as AMD’s stock price climbed to $141 per share. Over the years, AMD has undergone several stock splits, although none have occurred recently. The company’s historical stock-split ratios are as follows:
|
Split Date |
Split Ratio |
|---|---|
|
October 1978 |
3-for-2 |
|
October 1979 |
3-for-2 |
|
October 1980 |
2-for-1 |
|
October 1982 |
3-for-2 |
|
August 1983 |
2-for-1 |
|
August 2000 |
2-for-1 |
Data source: AMD.
These incremental splits have cumulatively led to a 27-for-1 multiplier over 22 years. A share purchased at AMD’s IPO in 1972 for approximately $11.37 would now amount to 27 shares worth a total of $3,807.
AMD’s last stock split dates back to the era of transistor radios and VHS players, underscoring the company’s enduring legacy in the technology sector.
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Anders Bylund acknowledges Intel and Nvidia positions. The Motley Fool endorses and has positions in Advanced Micro Devices and Nvidia, recommends Intel, and suggests short November 2024 $24 calls on Intel. The Motley Fool adheres to a strict disclosure policy.