One IPO share of AMD now equals 27 shares

Advanced Micro Devices (AMD) went public in 1972, selling shares at $15.50 each. Over the years, AMD has had several stock splits, greatly increasing the total number of shares available. Today, there are more than 1.6 billion shares of AMD stock. For those who bought one share at the IPO, their investment has grown significantly. Due to stock splits, that one share would now be worth 27 shares in their portfolio. However, AMD's last stock split occurred nearly 25 years ago. AMD has faced challenges in the market recently. Its stock has dropped over 13% this year, dipping more than the Nasdaq Composite index. Because of this decline, AMD shares are currently considered to be a good deal, trading at a lower ratio compared to their average over the past five years. Investors interested in the semiconductor industry, especially in artificial intelligence, may want to consider AMD as a potential investment opportunity.