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Advanced Micro Devices AMD is set to release its second-quarter 2023 results on Aug 1.AMD expects second-quarter 2023 revenues to be $5.3 billion (+/-$300 million), which indicates a year-over-year decline of 19% and approximately

In today's video, I'm looking into Intel's (NASDAQ: INTC) latest earnings report, shedding light on the current state of the semiconductor market and crucial insights that Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) shareholders should know about. Check out the

Intel shares rose over 4% on Friday, a day after the chipmaker's unexpectedly strong quarterly report heralded a turnaround in fortunes after a long, margin-sapping struggle due to plummeting PC sales and a highly competitive data center market.

Two U.S. lawmakers who head a committee focused on China on Friday urged the Biden administration to tighten export restrictions on artificial intelligence chips in the wake of industry lobbying to leave the rules unchanged.

Below is Validea's guru fundamental report for ADVANCED MICRO DEVICES, INC. (AMD). Of the 22 guru strategies we follow, AMD rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundam

No one can deny how vital GPUs (graphics processing units) are to anything involving artificial intelligence (AI). This hardware is used in conjunction with thousands of other GPUs to process the calculations necessary to train AI models. Usually, when discussing GPUs, most peopl

For Immediate ReleaseChicago, IL – July 28, 2023 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks

Intel shares surged 7% on Friday, a day after the chipmaker's unexpectedly strong quarterly report heralded a turnaround in fortunes after a long, margin-sapping struggle due to plummeting PC sales and a highly competitive data center market.

India wants to emerge as a trusted partner for the semiconductor industry and is keen to be a chip supplier for the world, Prime Minister Narendra Modi said on Friday, as he steps up efforts to attract global investors to establish production in the country.

Intel ( NASDAQ:INTC ) stock is up about 8% in after-hours trading as the company  jumped to profit in Q2 and delivered  stronger-than-expected results. Meanwhile, management now expects a sequential improvement in sales and margins. Despite the solid quarterly performance and upbeat outlook, Wall Street analysts didn’t change their stance on INTC stock, with most of them either recommending a Hold or a Sell, implying it’s not the time to go long. Analysts Weigh In Intel’s second-quarter results exceeded expectations, indicating continued financial improvement. At the same time, the accelerating  AI (artificial intelligence) opportunity bodes well for growth. However, this hasn’t led analysts to change their stance on INTC stock.  Following the Q2 earnings,  Goldman Sachs analyst Toshiya Hari reiterated a Sell recommendation on Intel stock. While the analyst acknowledged the company’s solid execution in the second quarter, he awaits a recovery in the “valuation-enhancing Data Center market” to turn constructive on INTC stock.  Along with Hari,  Rosenblatt Securities analyst Hans Mosesmann also reiterated a Sell rating on Intel stock following its Q2 performance. Mosesmann expects the company to lose market share to Advanced Micro Devices ( NASDAQ:AMD ), Broadcom ( NASDAQ:AVGO ), and Marvell ( NASDAQ:MRVL ). Echoing similar sentiments,  Tristan Gerra of Robert W. Baird expects AMD to gain further market share against Intel in 2023. The analyst maintained his Hold rating on the stock.  Like Gerra,  Vijay Rakesh of Mizuho Securities also reiterated a Hold on INTC stock on July 27. While the analyst raised his revenue and EPS estimates for Q3 and increased the price target to $36 from $33, he retained a Hold as he believes that the company faces “challenges with AI spend eating into DC (Data Center) budgets.” Further, the competition from AMD remains a drag.  Is Intel a Buy, Sell, or Hold? Intel is poised to benefit from easing inventory and margin headwinds. Further, Intel Foundry Services is well-positioned to capitalize on the AI market opportunity. In addition, management remains upbeat about the PC market in the long term.  However, market share losses to competitors, manufacturing delays, and challenges in the Data Center market could continue to limit the upside potential in  INTC stock. Intel has received two Buy, 12 Hold, and five Sell recommendations for a Hold consensus rating. Analysts’ average price target of $32.32 implies 6.45% downside potential from current levels. Disclosure

There's a comeback story underway right now. Intel ( NASDAQ:INTC ) stock made a big after-hours move, and I am bullish on the stock because this once-hated chipmaker is improving its financials while capitalizing on the AI trend. Intel is among the world's most famous semiconductor manufacturers, but even a tech giant like Intel is bound to fall out of favor sometimes. That's what happened in 2021 and 2022, as the company lost market share to Advanced Micro Devices ( NASDAQ:AMD ) and Nvidia ( NASDAQ:NVDA ). Then, INTC stock fell fast, and the sell-off accelerated as the company reported a negative-EPS quarter in Q1 of this year. That was shocking, and so was Intel's severe dividend cut. Is it possible for Intel to regain favor among investors and analysts now? Not only is it possible, but it's actually happening, and you can join the comeback celebration with Intel. Is Intel Delivering AI-Compatible Technology? Before we get to Intel's excellent quarterly results, to be fair and balanced, I must report something that a company insider told Barron's. Reportedly, CFO David Zinsner acknowledged that there is some “wallet shift” going on from Intel to its rivals (such as Nvidia) for those rivals' graphics processing unit (GPU) chips for AI applications. This admission might concern some investors because the CFO is revealing that companies like Nvidia are outpacing Intel in certain AI hardware niche markets. This doesn't mean, however, that Intel is left out of the AI arms race entirely. Zinsner assured that Intel could benefit from additional demand for the company's AI chips as well as for Intel's data center processors. Plus, in Intel's quarterly report, the company noted the recognition of its "AI acceleration capabilities" through "third-party validation." Here's where it gets complicated, though. During this year's second quarter, Intel's Data Center and AI (DCAI) business unit revenue declined 15% year-over-year. There's no breakdown in the press release specifying how much Intel's AI business is responsible for that decline. Still, for what it's worth, CEO Pat Gelsinger made sure to emphasize that Intel is "well-positioned to capitalize on the significant growth across the AI continuum." Intel is Back in the Green in Q2 As I mentioned earlier, it was shocking to see the mighty Intel report a negative-EPS quarter earlier this year. For Q2, however, Intel was back in the green with a profitable quarter that exceeded Wall Street's expectations. The losing streak is now over, as Intel announced second-quarter EPS of $0.13 even though analysts had predicted that the company would lose $0.04 per share. At the same time, Intel's revenue fell 15.7% year-over-year to $12.9 billion. This might sound like bad news, but Intel easily beat the consensus estimate by over $800 million. What about the company's current-quarter guidance? There's positive news here, as well. Intel expects to generate third-quarter revenue of $12.9 billion to $13.9 billion. The midpoint of this range is higher than the consensus estimate of $13.2 billion in Q3 revenue. Additionally, Intel guided for $0.20 in third-quarter EPS, above Wall Street's call for $0.17. Now, Intel has to live up to its current-quarter expectations, and that's a tall order. Still, the optimistic guidance suggests that Intel's management is confident - and maybe, this means investors and analysts should be confident about Intel, as well. Is INTC Stock a Buy, According to Analysts? Speaking of analysts, TipRanks’ consensus for INTC stock shows that it is currently considered to be a Hold based on two Buys, 18 Holds, and five Sell ratings. The average Intel stock price target is $31.61, implying 8.5% downside potential. Don't be surprised, though, if these numbers start to improve in the coming days as Wall Street re-assesses Intel's future prospects. Conclusion: Should You Consider Intel Stock? As a contrarian, I liked Intel when many people hated the company. Now, I suspect that the tide of sentiment will turn back in Intel's favor, and the share price will likely return to $40, $50, and even higher. That's not a guarantee, but the risk-to-reward balance for Intel stock looks highly favorable in light of the company's positive results and guidance. So, I definitely believe that you should consider the stock, as Intel's comeback story is probably just getting started. Disclosure

Chipmaker Intel on Thursday posted a surprise quarterly profit as a PC market slump started to ease, and forecast third-quarter earnings above Wall Street expectations, sending its shares up about 6%.

What happened So much of what is happening in the stock market these days is tied to advancements in artificial intelligence (AI). On the heels of their worst performances in more than a decade, the major market indexes are now squarely in rally mode, driven by the prospects of w

Q2 earnings results are expected for Intel (INTC ) after today’s close, and investors will focus on the performance of Intel’s data center unit, which has struggled to maintain its once-dominant position in the face of competition from Nvidia (NVDA ) and Advanced Micro Devices (AMD ). Any positive results...

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.83% at a 16-month high, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +1.47%. Stock indexes this morning are climbing on speculation the Federal Reserve may be close to ending its 16-month-long policy-tightening cycle. Also,...

Fintel reports that on July 27, 2023, Rosenblatt reiterated coverage of Advanced Micro Devices (NASDAQ:AMD) with a Buy recommendation. Analyst Price Forecast Suggests 20.82% Upside

Below is Validea's guru fundamental report for ADVANCED MICRO DEVICES, INC. (AMD). Of the 22 guru strategies we follow, AMD rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundam

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.40%. Stocks on Wednesday settled mixed, with the Dow Jones...