There was good news for Nvidia if you read between the lines in AMD's Q3 update.You've probably heard the adage, "Birds of a feather flock together." This old saying is often applicable to stocks. Good news for a company can be good news for its rivals and vice versa.Advanced Micro Devices (AMD -3.05%) stock declined sharply on Wednesday after announcing its third-quarter results. Some could interpret this sell-off as potentially a warning sign for the company's top rival, Nvidia (NVDA -4.72%). However, tha ...

Advanced Micro Devices' (NASDAQ: AMD ) stock fell more than 10% following a lackluster 3Q FY2024 earnings report. While the results were not disastrous, investor expectations were high, as the stock currently trades at a premium multiple. The company beat revenue expectations, but itsI'm specialized in fundamental equity research, global macro strategy, and top-down portfolio construction. I graduated from UCLA with a degree of Business Economics and UMich Ross School of Business with a Master of Accounting ...

While the earnings season tends to bring some dynamic stock price movements, I am actually surprised with Mr. Market's reaction to Advanced Micro Devices, Inc. (NASDAQ: AMD ) Q3 statement . For those unacquainted with theWelcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial foundation through dividend investing. I believe it’s one of the most access ...

Shares of Advanced Micro Devices Inc (NASDAQ:AMD) are extending yesterday's 10.6% post-earnings drop, down 3.1% at $144 at last glance and breaking into negative territory for the year. A short-term rally could be on the way, however, if past is precedent.The semiconductor name pulled back to its 320-day moving average during this week's negative price action, and per Schaeffer's Senior Quantitative Analyst Rocky White, it's run into this trendline three times in the last three years. For the purpose of thi ...

Tech giants are pouring unprecedented resources into artificial intelligence (AI) infrastructure as Meta plans up to $40 billion in 2024 spending and AMD rides the wave to record $6.8 billion in revenue. The sector-wide investment surge comes as companies battle to meet soaring demand, with Meta’s AI features driving engagement up 6% to 8% across platforms.Meta’s AI Ambitions Come With a Hefty Price TagMeta’s strong Q3 performance, with record revenues of $40.6 billion, sets the stage for ambitious AI expan ...

The ongoing earnings season has been filled with surprises in both directions. Some notable examples are Advanced Micro Devices (NASDAQ: AMD), which severely disappointed investors, and Garmin (NYSE: GRMN), which proved a surprise blockbuster.Eli Lilly (NYSE: LLY), one of the U.S.’ foremost pharmaceutical giants, fell on the weaker side of the spectrum on October 30 when it revealed its earnings per share (EPS) came in at $1.18 – significantly below the $1.47 expected – and revenue was about $1 billion belo ...

In my Q3 preview of Advanced Micro Devices, Inc. (NASDAQ: AMD ), I assigned a Buy rating, even though I recognized that the stock was relatively overvalued. Now that Q3 results have beenOliver Rodzianko is an investment analyst specializing in the technology sector, with a focus on artificial intelligence, semiconductors, software, and renewable energy. He has earned a strong reputation on Seeking Alpha, where he is frequently featured in the platform’s "Must Reads." His work is also syndicated by GuruFocus ...

交银国际研究 公司更新 目标价潜在涨幅 美元197.00↓+18.5% 科技 2024 年 10 月 30 日 收盘价 美元 166.25 超微半导体 (AMD US) 数据中心业务推进顺利，4Q24 指引或受游戏业务影响 3Q24 业绩符合预期，4Q24 指引略低于市场预期。公司 3Q24 收入 68.2 亿 美元，毛利率 53.6%，均符合我们和市场预期。公司指引 4Q24 收入 72-78 亿美元，中位数低于此前我们预期的 79.2 亿和市场一致预期的 76.8 亿美 元，我们认为或主要由于游戏等数据中心以外业务承压。公司指引 4Q24 毛利率 54%，亦低于此前我们和市场的预期（54.9%/55.0%）。 GPU 业务推进顺利，传统数据中心业务持续复苏。公司把 2024 年数据中 心 GPU 收入预期从 45 亿美元上调到 50 亿美元以上，高于我们之前预期的 48 亿美元，并称新产品 MI325X 或将在 2024 年开始向客户发货。我们上调 数据中心 GPU 2024 年收入预测至 52 亿美元。考虑到 3Q24 公司单季 GPU 业务收入或超过15亿美元，4Q24之后数据中心GPU或超过每季20 ...

Advanced Micro Devices Inc AMD analysts make a case for the company to gain market share in several sectors as it works to compete against NVIDIA Corp NVDA and grow its AI business, as evidenced in thirdquarter results. The AMD Analysts: KeyBanc analyst John Vinh reiterated an Overweight rating with a $220 price target. Cantor Fitzgerald analyst C.J. Muse reiterated an Overweight rating with a $180 price target. Oppenheimer analyst Rick Schafer maintained a Perform rating with no price target. Piper Sandler ...

To gain an edge, this is what you need to know today. AMD[M] 15 Min #30 DEFAULT VUD 15M | ADV MICRO DEVICES .. MOMO BU Strong ADP Data Please click here for an enlarged chart of Advanced Micro Devices, Inc. AMD. Note the following: This article is about the big picture, not an individual stock. The chart of AMD stock is being used to illustrate the point. The chart shows the momo crowd buying AMD stock yesterday ahead of the earnings release. The chart shows when earnings were released. The chart shows the ...