On March 21, 1983, AMD went public. Adjusted for splits, the stock closed at $9.00 that day.
Today, shares of AMD closed at $7.95. That means if you invested $10,000.00 in AMD's IPO , today you'd have $8,833.33.
Adjusted for 25 years of inflation, that would be about a buck and a half.
Just to calibrate that, the same investment in Intel would have gotten you about a half a million dollars, Texas...
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Networking-equipment giant continues to expand its product line into such things as home audio, but in the process, it risks losing a unified corporate mission.
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