Nasdaq AMD

U.S. stock indexes were set to open lower on Tuesday on concerns that a planned visit by U.S. House of Representatives Speaker Nancy Pelosi to Taiwan could worsen tensions between the United States and China.

August is here, and I have 10 stocks for you to explore. I believe these stocks are attractive at current prices and lower.

The NASDAQ 100 Pre-Market Indicator is down -117.93 to 12,822.85. The total Pre-Market volume is currently 51,680,353 shares traded.The following are the most active stocks for the pre-market session: AMTD IDEA Group (AMTD) is +9.2 at $11.28, with 23,519,571 shares traded.36Kr H

The company will report second quarter fiscal 2022 earnings results after the closing bell Tuesday. Investors will look to see whether its streak of earnings beats can continue.

U.S. stock index futures fell on Tuesday on concerns that a planned visit by U.S. House of Representatives Speaker Nancy Pelosi to Taiwan could worsen tensions between the United States and China.

Today's video focuses on Advanced Micro Devices (NASDAQ: AMD) and five things I will keep my eyes on while the company reports earnings on Tuesday after the market closes. Unfortunately, Intel (NASDAQ: INTC) reported a slowdown in its consumer and data center market. Should AMD i

Monday, August 1, 2022The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Amazon.com, Inc. (AMZN), Berkshire Hathaway Inc. (BRK.B) and Thermo Fisher Scientific I

Leading semiconductor company Advanced Micro Devices, Inc. (NASDAQ: AMD) saw its shares rise 3.1% on July 29. The upside could have been triggered by the CHIPS+ bill that now sits on President Joe Biden's desk, awaiting his signature, after bagging the green light from Congress on July 28.

The bill is expected to solve the ongoing supply-chain challenges and chip shortages being faced by the U.S. semiconductor industry.

Meanwhile, the semiconductor company is scheduled to report its results for the second quarter of 2022 on August 2, after the market closes.

The company is expected to witness continued strong performance from its Ryzen and EPYC server processors in the to-be-reported quarter. Moreover, AMD’s solid full-year guidance indicates higher organic growth across AMD and growing synergies from the recently acquired Xilinx business.

Now, let’s take a look at analysts' expectations and the factors that might have influenced the company's second-quarter results.

Consensus Estimates for Q2 Are Impressive

Analysts expect AMD to post earnings of $1.03 per share in the second quarter of 2022. The estimate compares favorably with the figure of 63 cents per share reported in the second quarter of 2021.

Also, the consensus estimate for the company’s revenues stands at $6.53 billion, higher than the year-ago tally of $3.85 billion.

Key Catalysts for Q2 Earnings

The company is witnessing strong demand for its chips used in computers and graphics cards. The momentum in AMD’s business that delivers semiconductors for games consoles, embedded processors, and other system-on-chips is expected to have boosted the results for the to-be-reported quarter.

Revenues from the EPYC server processor are expected to keep rising. Notably, its revenues more than doubled for the third consecutive quarter in the first quarter of 2022.

Street Is Optimistic about AMD Stock

Overall, the Street is optimistic about the stock and has a Moderate Buy consensus rating based on 18 Buys and eight Holds. Advanced Micro Devices’ average price target of $127.43 signals that the stock may surge nearly 34.9% from current levels. Shares of the company have lost 37.1% so far this year.

AMD scores a "Perfect 10" on TipRanks’ Smart Score rating system, indicating that the stock has strong potential to outperform the market. Also, financial bloggers are 88% Bullish on AMD, compared to the sector average of 65%.

TipRanks data shows that hedge funds are Very Positive about the company, as they bought 9.3 million shares of AMD in the last quarter.

Prospects Look Bright for AMD

Advanced Micro Devices is well-positioned to gain from upbeat prospects in the U.S. semiconductor industry. The company is expected to deliver impressive results on the back of strength across all its business segments. Overall, AMD stock, which has upside potential of 34.9%, looks promising and could be considered by investors interested in the semiconductor space.

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Advanced Micro Devices’ AMD second-quarter 2022 results, to be reported on Aug 2, are expected to benefit from the ongoing momentum in EPYC processors and semi-custom products’ sales.The addition of Xilinx is expected to have benefited top-line growth in the to-be-reporte

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Investors are always looking for stocks that are poised to beat at earnings season and Advanced Micro Devices, Inc. AMD may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.

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Given how strongly the major cloud computing companies are growing, it's a little surprising how poorly Intel's (NASDAQ: INTC) data center business performed during the second quarter.

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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Green Plains Inc. (Symbol: GPRE), where a total volume of 6,397 contracts has been traded thus far today, a contract volume which is representative of approxima

Advanced Micro Devices AMD is set to release second-quarter 2022 results on Aug 2.The company expects second-quarter 2022 revenues to be $6.5 billion (+/-$200 million), which indicates year-over-year growth of 69% and quarter-over-quarter improvement of 10%.The Zacks Cons

Today's video focuses on Intel (NASDAQ: INTC) and how it reported a decline in its consumer and data center markets during its recent earnings. Investors might be worried that there might be some headwinds for Advanced Micro Devices (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA), but if