Advanced Micro Devices is unlikely to announce a stock split after its August 4 earnings report, even though its share price has climbed over 150% this year to trade well above $500. The company last split its stock in 2000 with a 2-for-1 move, and management has given no indication of a change. Other chipmakers with higher prices, such as Sandisk at around $1,600 and Micron Technology at around $960, have also not split their stocks this year, suggesting little pressure for such actions. AMD's second-quarter revenue is guided between $10.9 billion and $11.5 billion, and the results will be closely watched for demand from hyperscalers and margin health.
Micron Technology Inc
Sandisk CorpAdvanced Micro Devices IncArticle discusses AMD stock split speculation but no concrete news; earnings are upcoming but not reported.