Nasdaq AMD

(RTTNews) - Advanced Micro Devices Inc. (AMD) will host a conference call at 5:00 PM ET on January 31, 2023, to discuss Q4 22 earnings results.

Today's video focuses on recent news impacting Advanced Micro Devices (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA). The consumer market continues to be a massive headwind for these semiconductor giants, but is there some good news for the chip industry? Check out the short video to le

There's an uncomfortable feeling in markets this week that good news may be bad news once again - mainly because of what the former means for this week's big central banking set pieces.

Markets started out this morning ahead of the opening bell sluggish. There did not seem much, if any, appetite to drive the rally that’s sent up major indices in four or five of the past seven sessions (depending on the index), and we see these indices closing at session

Advanced Micro Devices AMD is expected to report lackluster client segment revenues in fourth-quarter 2022 results, set to be released on Jan 31, due to weak PC shipment demand.However, robust top-line growth from data center and embedded segments are expected to have dri

We have a consequential week in the markets ahead of us — perhaps the most consequential week we’ve seen so far this year. Not only do we have a new Fed funds rate out mid-week (expectations are for a 25 bps bump to a 4.50-4.75% range), but we also get roughly 20% of the

Monday, January 30th, 2023We have a consequential week in the markets ahead of us — perhaps the most consequential week we’ve seen so far this year. Not only do we have a new Fed funds rate out mid-week (expectations are for a 25 bps bump to a 4.50-4.75% range), but we al

In this week's video, I will talk about what investors can expect from AMD's (NASDAQ: AMD) upcoming earnings report -- or should I say, what not to expect after Intel's (NASDAQ: INTC) horrendous report last week.

Advanced Micro Devices AMD is set to release its fourth-quarter 2022 results on Jan 31.The company expects fourth-quarter revenues to be $5.5 billion (+/-$300 million), which indicates year-over-year growth of 14%, flat sequentially.The Zacks Consensus Estimate for revenu

Semiconductor companies are in high demand as they play a crucial role in driving technological advancements. In fact, these firms that are responsible for creating and producing semiconductor chips, are at the forefront of innovation. They also contribute to the growth of variou

Few things went right for chip giant Intel (NASDAQ: INTC) in the fourth quarter.

Despite the difficult backdrop offered by 2H22 and reflected in PC inventory digestion, Advanced Micro Devices ( NASDAQ:AMD) has navigated the rough terrain rather well. Ahead of the chip giant’s fiscal fourth quarter earnings (Jan 31), Mizuho analyst Vijay Rakesh reckons the full-year 2022 results should show 43% year-over-year growth, boosted by a strong showing from data center (DC), which Rakesh sees climbing 60% higher y/y. This will amount to a “significantly better” performance than competitor Intel with its DC “potentially flattish” y/y. In fact, on the back of the September quarter PC challenges, which saw share losses to Intel, AMD appears to have clawed back share in Q4, with the ramp of the Ryzen 7000 desktop processors driving the gains. And while in PC, the company expects another soft year ahead (potentially a 5-10% year-over-year decline), Rakesh thinks AMD is “well-positioned with new Ryzen products and long-term secular trends within PC gaming.” Moving forward elsewhere, the 5-star analyst thinks AMD has “benefited from improving server market share and should continue to see good ramps into 2023E with its highly anticipated 5nm Genoa product line.” The 5nm Genoa – the new line of server CPUs – should provide a “significant tailwind” vs. Intel, given the fact its “competitive” 10nm++ Sapphire Rapids offering won’t ramp until 2H23E. There’s also the anticipated ramp of the company’s 5nm Bergamo cloud optimized CPU in the latter half of the year to look forward to. And while the Xilinx deal, which closed in early 2022, should prove to be only “neutral” to earnings, its planned FPGA compute roadmap offers a “compliment” to AMD’s CPU roadmap. Lastly, addressing the recent announcement of CFO Devinder Kumar’s retirement – who played an important part in AMDs strong growth – Rakesh assuages investor fears by noting successor Jean Hu comes with not only a background in engineering but having served as Marvell’s CFO since 2016, he has “solid CFO experience.” Based on the above, Rakesh designates AMD his Top Pick for 2023 and rates it a Buy. On top of this, the 5-star analyst sets a $95 price target on AMD, which implies 26% upside potential. (To watch Rakesh’s track record, click here) Most analysts share the same sentiment; the stock’s Strong Buy consensus rating is based on 18 Buys vs. 6 Holds. The forecast calls for 12-month gains of ~13%, considering the average target clocks in at $85.09. (See AMD stock forecast ) To find good ideas for stocks trading at attractive valuations, visit TipRanks’  Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

What happened Shares of Intel (NASDAQ: INTC) sank more than 6% on Friday after the chipmaker issued a dismal financial forecast for the year ahead.

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Moderna Inc (Symbol: MRNA), where a total volume of 24,138 contracts has been traded thus far today, a contract volume which is representative of approximately 2

Today's video focuses on Intel's (NASDAQ: INTC) earnings report and how it might affect Advanced Micro Devices (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA). Is Intel's problem isolated, or should semiconductor investors be worried? Check out the short video to learn more, consider sub

Wall Street was set to open lower on Friday after Intel's bleak outlook dragged chipmakers lower, while declines were contained by a reading on the Federal Reserve's preferred inflation measure, which showed signs of price pressures easing.

Advanced Micro Devices (AMD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

It's not easy predicting the next 10x stocks for your long-term investing portfolio. Some companies seem obvious, while others are more speculative and require exponential growth to achieve trillion-dollar market caps. In the video below, I share 5 stocks to buy now that could jo

Microprocessor giant Intel Corp has stumbled badly at a time when smaller rival AMD and others are picking up speed. It says it will regain its balance this year, but analysts aren't so sure.

Berkshire Hathaway CEO Warren Buffett's incredible market-beating track record is the stuff of legend. In fact, if you held a $1,000 stake in Berkshire Hathaway on the day that Buffett purchased the company in May 1965, that position would now be worth well over $26 million.