Advanced Micro Devices, Inc. (AMD)
AMD's Gains Lagged Nvidia. Will A Strong Q3 Reverse This?
Advanced Micro Devices stock (NASDAQ: AMD) is expected to publish its Q3 FY'24 results toward the end of October, reporting on a quarter that is likely to see the company benefit from stronger demand for artificial intelligence chips. We expect AMD revenues to come in at $6.73 billion, marking an increase of 16% compared to last year, while earnings are likely to come in at about 0.92 per share, slightly ahead of consensus estimates, and up 30% year-over-year.
Why AI Stock Investors Should Not Overlook This Top Semiconductor Stock
Advanced Micro Devices is a top contender in the AI chip market.
Lisa Su Just Delivered Incredible News for Advanced Micro Devices Stock Investors
Advanced Micro Devices is catching up to Nvidia at a rapid pace.
Why Nvidia, AMD, Micron, Arm And Other Chipmakers Are Ripping Higher Premarket On Thursday
Taiwan Semiconductor Manufacturing Company Ltd. TSMC is seen singularly lifting the semiconductor space in premarket trading on Thursday.
Underdog Mentality: Advanced Micro Devices Has A Place In AI Revolution
NVIDIA's Blackwell GPUs are sold out, indicating robust demand for AI-boosting hardware, but AMD's MI325x and upcoming MI350 series show promising value. Despite NVIDIA's dominance, AMD's technological advancements and potential for market share growth make it a compelling investment, especially with the AI revolution accelerating. AMD has historically been valued cheaper than NVIDIA, but its recent progress suggests it may experience solid growth driven by its latest MI environment.
AMD: AI And Data Centers Lead The Charge (Rating Upgrade)
I cautiously upgraded Advanced Micro Devices, Inc. to “Buy” due to its strong Q2 results, including a 9% YoY revenue increase and an 18% rise in non-GAAP EPS. AMD's data center segment saw a 115% YoY revenue surge, driven by Instinct MI300 GPUs and EPYC CPUs, positioning it well for future growth. Despite challenges in gaming and embedded segments, AMD's focus on AI and data center expansion, including the Silo AI acquisition, supports long-term growth.
Advanced Micro Devices Stock Overdue for a Bounce
Since hitting all-time highs in March, shares of chipmaker Advanced Micro Devices, Inc. (NASDAQ:AMD) have taken a step back on the charts.
AMD Gains Momentum With AI: Can It Beat Expectations?
Advanced Micro Devices AMD is gaining traction with AI. NVIDIA remains the leader because of its first-mover advantage, but there are other significant players, and AMD is the leader.
Nvidia, AMD extend losses in ASML-fueled chip sell-off
ASML Holding (ASML) extended losses after the company trimmed its guidance, sounding the alarm of weakness in the sector and fueling a semiconductor stock sell-off. Chipmakers lost more than $420 billion in market value, with names like Nvidia (NVDA), Advanced Micro Devices (AMD), and Applied Materials (AMAT) tumbling.
Cathie Wood is Incredibly Bullish on These 2 AI Stocks
Famed innovation investor Cathie Wood is attempting to stage a comeback after a somewhat sluggish past few years.
Better Semiconductor Stock: AMD vs. Intel
These chipmakers are battling for supremacy in AI.
Advanced Micro Devices, Inc. (AMD) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Advanced Micro (AMD). This makes it worthwhile to examine what the stock has in store.
