Advanced Micro Devices, Inc. (AMD)
Are Semiconductor ETFs Better Bets on AI Boom Than Big Techs?
Demand for chips should be robust due to the ongoing AI boom, even if the return on AI investments takes longer to be materialized by the tech giants.
Why AMD's stock is rising in the face of chip-sector weakness
By the numbers, this certainly wasn't the best week for Advanced Micro Devices Inc.'s stock. Despite upbeat earnings, AMD shares are still on track to fall 3% on the week.
AMD: I Was Wrong, It's Time To Buy (Rating Upgrade)
Earlier this week, AMD stock initially popped after its Q2 2024 report but quickly faded, now trading at pre-report levels. AMD's Q2 report showed robust performance in Data Center and Client segments, with Instinct AI GPUs, EPYC CPUs, and Ryzen processors driving the growth. AMD is finally delivering on the promise of AI-powered hypergrowth, and the near-to-medium-term demand outlook remains robust.
Nvidia reportedly facing antitrust probe from US Department of Justice
NVIDIA Corp (NASDAQ:NVDA, ETR:NVD) is facing an antitrust probe from the US Department of Justice over allegations it has abused its market dominance in AI chips, according to a report from The Information. US officials have reached out to several of Nvidia's competitors, including Advanced Micro Devices Inc (NASDAQ:AMD, ETR:AMD) and AI chip startups, to collect information about the complaints, people involved in the discussion told the publication.
Should You Buy AMD Stock Right Now?
AMD's new product launch is starting off successfully.
The AI Boom Is Just Getting Started For AMD (Rating Upgrade)
Advanced Micro Devices reported strong Q2 2024 results, beating earnings and revenue estimates. Data Center segment revenue growth accelerated significantly. The share of Data Center revenues doubled year over year to 49%. AMD's free cash flow margins have serious margin expansion potential due to the ramping up of Data Center GPU shipments in H2 2024.
3 Promising Tech Stocks to Buy After Q2 Earnings
Major technology companies needed strong Q2 earnings. In the lead-up to the first prints of the mega-cap tech names, the Nasdaq Composite index tanked, declining more than 2% in a single day and worsening the rotation out of technology stocks that have been ongoing since the year's second half began in July.
The Top 3 Tech Stocks to Buy Now: Summer 2024
That tech stocks have been the driving force behind the two-year bull market is no surprise. It was the Magnificent Seven stocks that represented most of the S&P 500's 24% gains last year.
3 High-Growth Tech Stocks That Have Plenty of Lead Left In Their Pencils
The recent brief tech stock dip ended as second-quarter earnings reaffirmed tech's market leadership. Indeed, the AI, cloud, and fintech sectors have been driving the tech sector in the past two years, driving more growth for the market.
Nvidia: Key Implications From AMD's Q2 Earnings
Advanced Micro Devices reported Q2 earnings and provided updates about its data center GPU business. These updates are materially relevant for Nvidia Corporation investors and suggest that Nvidia could deliver strong growth through 2025. In this article, I examine AMD's latest updates in detail and consider their implications for Nvidia's data center GPU business.
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Ark Invest bought shares of AMD, Pinterest, and Intellia Therapeutics on Wednesday. AMD saw its AI chips sales skyrocket, even as the balance of its business is reeling.
AMD stock price prediction as Cathie Wood buys 330,000 shares
Advanced Micro Devices (NASDAQ: AMD) reported its Q2 earnings on July 30, showcasing a strong performance during the previous quarter that surpassed analysts's expectations and potentially motivated Cathie Wood, CEO of Ark Invest (ARKK), to invest a substantial amount in this semiconductor stock.
