Can Advanced Micro Devices increase its MI300X revenue guidance again? In today's video, I discuss what Advanced Micro Devices (AMD 2.36%) stock investors need to know before earnings. To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the market prices of Oct. 28, 2024. The video was published on Oct. 28, 2024. ...

Which of these AI-oriented chipmakers is the better buy right now? Nvidia's (NVDA -0.72%) stock surged 2,750% over the past five years as the artificial intelligence (AI) market exploded. Nvidia once generated most of its sales from gaming GPUs for PCs, but the rise of generative AI platforms drove more companies to buy its high-end data center GPUs -- which are used to process complex AI tasks more efficiently than stand-alone CPUs. Nvidia's early-mover advantage made it a simple way to profit from the sec ...

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. The stock is up 65.19% over the past year, 14.65% YTD. Let's look at what the charts indicate for AMD stock and how the stock currently maps against Wall Street estimates. Read Also: AMD Q3 Earnings Preview: Can AI, Server Gains Help Narrow The Semiconductor Gap With Nvidia? AMD Stock Chart Mixed Ahead Of Q3 Ear ...

Advanced Micro Devices (AMD) is expected to have benefited from strong Data Center revenues in the third quarter of 2024, set to be released on Oct. 29.AMD benefits from a robust product portfolio and expanding partner base. It continues to strengthen its footprint in the enterprise data center arena by leveraging the power of fourth-generation EPYC CPUs. AMD, along with its partners, continues to offer solutions that enable greater data center consolidation.  AMD’s expanding portfolio, which now includes I ...

My last work on Advanced Micro Devices (NASDAQ: AMD ) focused on its recent ZT system acquisition, as reflected in the article’s title - AMD: ZT Systems Acquisition Improves AI Positioning. I argued that this acquisition will As you can tell, our core style is to provide actionable and unambiguous ideas from our independent research. If your share this investment style, check out Envision Early Retirement. It provides at least 1x in-depth articles per week on such ideas.We have helped our members not only t ...

Advanced Micro Devices, Inc. (NASDAQ: AMD ) shares are now up 11.00% since my last write-up on the chip giant in August. This has outpaced the market's 6.47% return in the same timeframe. I think investor confidence is This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help tr ...

Advanced Micro Devices, Inc. (NASDAQ: AMD) is set to release its Q3 2024 earnings on October 29, sparking high anticipation among investors. Valued at $252.8 billion, the semiconductor giant has attracted attention with its diverse portfolio of CPUs, GPUs, and adaptive processors. With mixed performance across segments, the stock’s reaction will likely hinge on key growth drivers and the impact of potential headwinds.AMD five-day price chart. Source: FinboldCurrently, AMD stock trades at $156, reflecting a ...

Advanced Micro Devices, Inc. (NASDAQ: AMD ) (NEOE: AMD:CA ) stock still appears to be a Strong Sell. This is despite the stock becoming cheaper after it declined by 6.5% since I sharedAs an investor who started my path five years ago with my own capital, I represent a blend of hands on experience and academic background in corporate finance. Due to my relatively young age I thrive on discovering long-duration growth opportunities and actively seek out opportunities that align with my risk-taker mindset. In ...

Analyst Estimates for Q3 2024 Q2 2024 Q3 2023 Revenue $6.71 billion $5.84 billion $5.8 billion Earnings Per Share 50 cents 16 cents 18 cents Net Income $815.76 million $265 million $299 million Key Metric: Data Center Revenue In July, AMD reported data center revenue in the second quarter more than doubled year-over-year to a record $2.8 billion, as demand for the company's artificial intelligence (AI) chips surged. Analysts expect data center revenue to rise to a fresh high of $3.52 billion for the third q ...

Advanced Micro Devices (AMD) is set to release its third-quarter 2024 results on Oct. 29.AMD expects third-quarter 2024 revenues to be $6.7 billion (+/-$300 million). At the midpoint of the revenue range, this represents year-over-year growth of approximately 16% and sequential growth of approximately 15%.The Zacks Consensus Estimate for revenues is pegged at $6.71 billion, suggesting growth of 15.72% year over year. The consensus estimate for third-quarter earnings is pegged at 91 cents per share, unchange ...