Investment Rating - The industry investment rating is "Overweight" [4]. Core Insights - AMD's Q3 2024 revenue reached $6.819 billion, up 17.57% year-on-year and 16.86% quarter-on-quarter, with a net profit of $771 million, up 157.86% year-on-year and 190.94% quarter-on-quarter. The data center revenue was $3.549 billion, up 122% year-on-year and 25% quarter-on-quarter, driven by strong sales of AMD Instinct GPUs and EPYC CPUs [4][13]. - Intel's Q3 2024 revenue was $13.284 billion, down 6.17% year-on-year but up 3.51% quarter-on-quarter, with a net loss of $16.639 billion, a significant decline compared to the previous year. The company plans to cut $10 billion in costs by 2025 [4][14]. - Reddit achieved its first profit since going public in Q3 2024, with revenue of $348 million, up 67.87% year-on-year and 23.89% quarter-on-quarter, and a net profit of $30 million, up 504.35% year-on-year [4][15]. - SNAP reported Q3 2024 revenue of $1.373 billion, up 15.48% year-on-year and 10.98% quarter-on-quarter, leveraging AI to enhance its business operations [4][16]. Summary by Sections Market Overview - Global major indices showed varied performance, with the Dow Jones down 0.15%, NASDAQ down 1.5%, and S&P 500 down 1.37% during the week of October 28 to November 1, 2024 [7][8]. AI Industry Highlights - Key AI industry stocks experienced fluctuations, with Amazon (AMZN) closing at 197.93 CNY, Microsoft (MSFT) at 410.37 CNY, and NVIDIA (NVDA) at 135.40 CNY, reflecting a week of mixed performance [10]. Key Events and Earnings Announcements - Significant earnings announcements for major companies are scheduled, including Netflix on October 17, Microsoft on October 22, and Intel on October 24, 2024 [11]. Investment Recommendations - The report suggests focusing on companies such as Amazon (AMZN), Meta (META), Google (GOOGL), and Microsoft (MSFT) due to their strong performance and potential in the AI-driven market [4][17].
计算机行业全球AI产业跟踪：AMD&Intel业绩分化，传媒及社交板块关注边际变化
Yong Xing Zheng Quan·2024-11-08 06:01