Advanced Micro Devices, Inc. (AMD)
What You Need To Know Ahead of AMD's Earnings Report
Advanced Micro Devices (AMD) is set to report second-quarter earnings after the bell Tuesday, with investors likely watching for record data center growth and strong guidance amid the artificial intelligence (AI) boom.
Rep. Michael McCaul Rides the AI Boom with AMD, AAPL, META Buys
Artificial intelligence (AI) has been the dominant theme of 2024, with companies across the board spending billions of dollars in order to advance their respective offerings. One Congressman believes that there is still upside remaining for the AI boom, as evidenced by his recent purchases.
AMD Q2 Preview: High Consensus Expectations Set It Up For Disappointment
AMD stock is scheduled to report Q2 earnings next Tuesday. The market expects profit margin expansion for AMD, but competition pressure and inventory concerns may lead to disappointment in Q2. Looking further out, I consider the market's margin expectations to become even more disconnected from the competition landscape in the next few years.
AMD Stock Analysis: Undervalued AI Play? Why Analysts Are Bullish Ahead of Earnings.
When it comes to choosing AI chip names, Advanced Micro Devices (NASDAQ: AMD ) stock isn't often the first pick that comes to mind. Most investor attention is rightly focused on Nvidia (NASDAQ: NVDA ), given the company's position as the leading semiconductor stock in the high-performance computing space.
Will AI Surge And Strong PC Sales Drive A Q2 Beat For AMD Stock?
Advanced Micro Devices stock (NASDAQ: AMD) is expected to publish its Q2 FY'24 results toward the end of July, reporting on a quarter that is likely to see the company benefit from an improving PC market and higher demand for artificial intelligence chips. We expect AMD revenues to come in at $5.73 billion, marking an increase of 7% compared to last year, while earnings are likely to come in at about 0.68 per share, slightly ahead of consensus estimates, and 17% year-over-year.
Here's Why Advanced Micro Devices (AMD) Fell More Than Broader Market
In the closing of the recent trading day, Advanced Micro Devices (AMD) stood at $154, denoting a -1.2% change from the preceding trading day.
Advanced Micro Devices (AMD) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Advanced Micro (AMD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Why AMD Stock Is a Strong Buy Now
Advanced Micro Devices (NASDAQ: AMD ) stock doesn't grab as many headlines as Nvidia (NASDAQ: NVDA ), but with an average price objective of $193.03, analysts grade AMD stock as a “Strong Buy,” suggesting a 27% potential. AMD's AI aspirations (including the MI300 AI chips and the MI300X chips) are garnering attraction.
AMD: Valuation Concerns Persist Despite Recent Dip
Despite last week's massive 18% dip, AMD's stock remains overvalued. The premium doesn't seem justified as the company continues to struggle against Nvidia. The stock's likely overvaluation is evident from insiders selling throughout the last 12 months, including aggressive sales by the CEO in the past 6 months. AMD's performance across key P&L metrics in the next three quarters is expected to lag behind Nvidia, allowing Nvidia to amass more resources for increased R&D spending.
3 No-Brainer Artificial Intelligence (AI) Semiconductor Stocks to Buy Now
Nvidia stock has dominated the AI space, but investors might not want to overlook these three AI chip stocks.
Prediction: This AI Stock Will Be the Best Performer the Rest of 2024
When it comes to artificial intelligence (AI) stocks, the same name is always at the top of retail investors' and pundits' lists: NVIDIA Corp.
Indexes Are At All-Time Highs, But AI Stocks Are Already Correcting (Technical Analysis)
In April, I expected tech and AI to be in a correction by June - so far, right on track. Evidence in July shows Nvidia, AMD, Qualcomm, and Micron in corrective structures, while other names like Meta Platforms are joining their hardware brethren. Overall, AI has begun a correction, and it may last for a few months, with bounces along the way.
