Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Advanced Micro Devices, Inc. New York, September 21, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Advanced Micro Devices, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
The chipmaker has the upper hand over Intel in notebook processors, which have greater growth potential in the coming years.
September is certainly living up to its rap as the worst month for S&P; 500 stocks. And it's only half over.