Advanced Micro Devices, Inc. (AMD)
Better Artificial Intelligence Stock: Nvidia vs. AMD
Which of these AI-oriented chipmakers is the better buy right now?
AMD Q3 Earnings On Deck: Mixed Signals On Charts As AI, Server Gains Take Focus
Advanced Micro Devices Inc AMD will be reporting its third-quarter earnings on Wednesday. Wall Street expects 92 cents in EPS and $6.71 billion in revenues as the company reports after market hours.
Will AMD Stock Climb on Strong Data Center Revenues in Q3 Earnings?
Advanced Micro Devices' third-quarter 2024 earnings are likely to have gained from strong client and data center growth despite sluggish PC end market.
AMD Q3 Preview: Status Of The Cycle
TSM recently reported strong Q3 earnings, largely driven by AI and high-performance computing demand. TSM's earnings growth foreshadows a strong Q3 from AMD, given AMD's position in these segments. In particular, when considered in combination with AMD's historical cyclicality, I think AMD is very likely entering a new expansion phase.
AMD Q3 Preview: Strong Blackwell Competitor
Advanced Micro Devices, Inc. shares have surged 11% since August, outperforming the market, driven by investor confidence in their new MI325X AI chip ahead of Q3 earnings. The MI325X chip, with advanced AI capabilities, is set to challenge Nvidia's Blackwell GPU by offering competitive performance at a lower total cost of ownership. AMD's strategy includes enhancing their ROCm software framework to ease transitions from Nvidia's CUDA, aiming to capture more market share in AI inferencing.
As AMD starts shifting focus to next year, just how high can AI revenue go?
Bullish expectations for AMD's AI revenue came down sharply over the course of this year. Some analysts say early estimates for 2025 are already too high.
How will AMD stock react to Q3 earnings?
Advanced Micro Devices, Inc. (NASDAQ: AMD) is set to release its Q3 2024 earnings on October 29, sparking high anticipation among investors.
AMD: The Overvalued Kingdom Of Challenges
Advanced Micro Devices, Inc. stock remains a Strong Sell despite a 6% price drop since my last call, with significant reaction expected to Q3 earnings on October 29. AMD's new AI products, including Turin EPYC CPUs and Instinct MI325x AI accelerator, failed to excite investors, leading to a stock price decline. AMD's inventory has grown to nearly $5 billion, representing 21% of TTM revenue, a concerning level compared to Nvidia's 7% ratio.
What You Need To Know Ahead of AMD's Earnings
Advanced Micro Devices (AMD) will report third-quarter financial results after the closing bell Tuesday, with analysts calling for significant earnings growth.
Beyond AI, AMD and Intel earnings will hit on another important trend
Next week, as the technology sector earnings reporting season begins in full force, the results from two rival chip makers, Intel Corp. and Advanced Micro Devices Inc., will give investors data on how another important trend beyond artificial intelligence has shifted.
AMD Set to Report Q3 Earnings: Buy, Sell or Hold the Stock?
AMD's Q3 2024 results are likely to be hurt by weakness in the Embedded and Gaming segments, offset by strong Data Center and Client growth.
3 best tech stocks to buy in October
While it would be unfair to say that technology stocks have recently become the hottest sector in the market, they have certainly entered a new phase of growth and prominence since late 2022.
