Nasdaq AMD

What happened Shares of Advanced Micro Devices (NASDAQ: AMD) climbed 14% this past week, according to data from S&P Global Market Intelligence. Encouraging signs that the semiconductor industry's slump could be nearing its end and more evidence of AMD's market share gains drove i

In today's video, Jose Najarro, Nick Rossolillo, and Billy Duberstein discuss Advanced Micro Devices (NASDAQ: AMD), its latest earnings, and why it could still be a bumpy ride for investors. Jose shares some concerns about earnings -- but do Nick and Billy share the same thoughts

Headed into AMD's (NASDAQ: AMD) Q4 2022 earnings report, the burning question on investors' minds was whether Intel's (NASDAQ: INTC) disastrous financial update the week prior would bleed over onto AMD. The short answer: AMD is fine.The longer answer is a bit more nuanced, becaus

In today's video, Jose Najarro and Nick Rossolillo discuss how chip stocks like Advanced Micro Devices (NASDAQ: AMD), Intel (NASDAQ: INTC), Nvidia (NASDAQ: NVDA), and Marvell Technology (NASDAQ: MRVL) can benefit from the increased investment in AI from big tech like Microsoft (N

Things have gotten worse for Intel ( NASDAQ:INTC ) following the release of unimpressive Q4 results that preceded a solid AMD ( NASDAQ:AMD ) quarter. Indeed, AMD's strength is giving INTC some trouble. Despite the magnitude of Intel stock's decline, I still don't think there's much value to be had at these depths. Like many analysts covering Intel, I am neutral. Intel stock's been in free-fall for nearly two years, so expectations were modest going into the release. Still, Intel still missed the mark ($0.10 EPS vs. the $0.20 consensus) while failing to garner any confidence amid its transformation that it hopes can close the gap with industry rival AMD. Intel continues to be up against it, with many analysts sticking by more of a "wait and see" approach, with more Sell recommendations than Buys. Indeed, it's quite rare to have so many bearish analysts covering a large-cap blue chip. That's likely a testament to how considerable the pressures the firm is facing and how steep the uphill road to recovery may be for a firm that can't catch a break. Is INTC Stock a Buy, According to Analysts? Turning to Wall Street, INTC stock comes in as a Moderate Buy. Out of 28 analyst ratings, there are three Buys, 17 Holds, and eight Sells. The  average Intel stock price target is $27.44, implying downside potential of 9.5%. Analyst price targets range from a low of $17 per share to a high of $45 per share. Intel Stock: Cheap, but Cheap for a Reason With many Wall Street analysts lowering their price targets on the name, value seekers looking for a cheap bargain will not only be going against market sentiment but also the analyst community, which maintains its "Hold" rating. It's easy to see why most analysts are no fans of the name. Competitive pressures are one sore spot. With the decaying macro environment that could weigh on chip demand, it's tough to draw a line in the sand as Intel stock looks to stay ahead of its October 2022 lows of around $25 and change per share. At writing, INTC stock trades at 15.5 times trailing earnings. For a firm with a recent history of fumbling the ball, this seemingly "fair" multiple may no longer be a good valuation gauge. Indeed, a combination of a falling share price and a climbing price-to-earnings (P/E) multiple may be indicative of a value trap. When earnings feel the pressure, I like to also take a glance at the price-to-book (P/B) multiple against historical averages. After Intel's latest slip, INTC stock trades at just 1.15 times P/B. That's well below the five-year historical average P/B ratio of 2.7 times. It's also well below the semiconductor industry average of 12.0 times. Undoubtedly, Intel deserves to trade at a discount, given how things have been going. That said, we'll eventually reach a point where expectations are so low that even modest signs of a turnaround could help the stock bottom out and march higher. AMD Continues to Outshine Intel Intel can't control the macro environment. However, it hasn't really shown it can entice consumers enough to claw back much share from rivals, most notably AMD, which recently clocked in solid results that sent shares flying more than 12%. It's no secret that AMD has been in the driver's seat for quite some time now. In the most recent quarter, AMD faced the same macro headwinds as its peers. Still, CEO Lisa Su's firm managed to impress, with the Data Center and Embedded segments helping propel results above expectations. Despite harsher economic conditions, Su stated that her firm is "well positioned to grow revenue and gain share in 2023." That's a big blow to the confidence of Intel investors looking to bet on a reversal. It's one thing for Intel to clock in weaker-than-expected numbers, but it's another to have a rival beat estimates while calling for more market share gains in the new year. Maybe the finger can't be pointed solely at the tougher macro climate. After a rough round of results, Intel noted it's cutting leadership pay by 15% (CEO Pat Gelsinger's pay will get cut by 25%) to shore up cash for its pricy turnaround plan. Such cuts may not be enough to move the needle anytime soon as AMD continues to apply the pressure. However, Intel's turnaround plan is still very much in play. Such reallocation of capital may be able to give its turnaround a shot in the arm, perhaps on the other side of the looming recession. The Takeaway Intel appears to be an enticing "value" play after the broader market's hot January run. Still, betting on the underdog isn't always the best idea. For now, the trend is no friend of Intel. Disclosure

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Advanced Micro Devices Inc (Symbol: AMD), where a total of 471,296 contracts have traded so far, representing approximately 47.1 million underlying shares. That amounts

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Semiconductor ETF (Symbol: SMH) where we have detected an approximate $202.9 million dollar outflow -- that's a 2.6% decrease week over week (from 3

It might not be a case of going from zero to hero, but the tech sector is rebounding smartly in 2023 following its drubbing last year. As investors shifted to more defensive positions, the sector tumbled hard, and many previous highfliers were in the dumps.

The stock market had a rough year in 2022, but the technology sector bore the brunt of the pessimism, with the Nasdaq-100 index falling by 33%. Some areas, however, fared worse than others.

While the news media are understandably captivated by the most visible applications of artificial intelligence, including OpenAI’s ChatGPT bot, investors aren’t forgetting about the implications for chipmakers, including Nvidia Corporation (NASDAQ: NVDA).  Shares of Nvidia advan

Today's video focuses on Nvidia (NASDAQ: NVDA) and how investors can use Advanced Micro Devices' (NASDAQ: AMD) and Intel's (NASDAQ: INTC) recent earnings to try to gauge Nvidia's upcoming results. One reported a fantastic quarter, while the other did the complete opposite. Check

AMD (NASDAQ: AMD) posted its fourth-quarter report on Jan. 31. The chipmaker's revenue rose 16% year over year to $5.6 billion, which beat analysts' estimates by $80 million. Its adjusted earnings per share fell 25% to $0.69, but still cleared the consensus forecast by two cents.

Earnings season continues to chug along, with an extensive list of companies reporting quarterly results daily.

On February 1, 2023, Craig-Hallum downgraded their outlook for Advanced Micro Devices from Buy to Hold. Analyst Price Forecast Suggests 9.67% Upside

What happened Shares of Advanced Micro Devices (NASDAQ: AMD) made gains last month after the chipmaker benefited from a rise in tech stocks, a weak report from rival Intel, and anticipation for its own fourth-quarter earnings report, which came out after market hours on Jan. 31.

At Holdings Channel, we have reviewed the latest batch of the 25 most recent 13F filings for the 12/31/2022 reporting period, and noticed that Advanced Micro Devices Inc (Symbol: AMD) was held by 10 of these funds. When hedge fund managers appear to be thinking alike, we find it

In this video, I will talk about Nvidia (NASDAQ: NVDA) and what investors should expect after Intel's and AMD's earnings reports. Now that Nvidia has soared 90% since its 52-week lows, the expectations are sky-high.

For Immediate ReleaseChicago, IL – February 2, 2023 – Zacks Director of Research Sheraz Mian says:

Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>