Nasdaq AMD

Teradyne TER is scheduled to report second-quarter 2022 results on Jul 26.

Etsy ETSY is scheduled to report second-quarter 2022 results on Jul 27.

Investors in Advanced Micro Devices Inc (Symbol: AMD) saw new options become available today, for the September 2nd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AMD options chain for the new September 2nd contracts and identified one

MaxLinear, Inc. MXL is scheduled to report second-quarter 2022 results on Jul 27.For the second quarter, the company expects revenues of $275-$285 million. The Zacks Consensus Estimate for the same is pegged at $280.04 million, indicating growth of 36.3% from the prior-ye

Here Are Five Top Semiconductor Stocks To Watch NowIt’s not a surprise the semiconductor industry has been struggling in the stock market this year. But, don’t count these companies out just yet. After all, there are a lot of industries relying on these chips. They&r

Alphabet GOOGL is scheduled to report second-quarter 2022 results on Jul 26.For the quarter under review, the Zacks Consensus Estimate for revenues is pegged at $57.9 billion, indicating an improvement of 13.5% from the year-ago reported number.The consensus mark for earn

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Today's video focuses on recent news affecting Advanced Micro Devices (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below.

NXP Semiconductors N.V. NXPI is scheduled to report second-quarter 2022 results on Jul 25.

Advanced Micro Devices AMD recently collaborated with Dell Technologies DELL to launch the most powerful 17” AMD Advantage laptop — Alienware m17 r5 Gaming Laptop.

Leading semiconductor company Advanced Micro Devices, Inc. (NASDAQ: AMD) has grabbed investors’ attention at a time when the prospects for government-backed growth incentives are getting brighter. The stock rallied 5.5% on Tuesday, ahead of the Senate voting session that will decide the fate of The Chips for America Act, which is designed to boost the U.S. semiconductor industry.

The U.S. Senate has voted by 64 to 34 to proceed with a trimmed version of the proposed legislation, per a Reuters report. The bill is expected to be approved in the Senate and the House of Representatives by the end of next week.

What’s the Bill Offering?

The Chips for America Act is expected to include subsidies valuing around $54 billion for semiconductor companies in the United States. The bill shall also provide a four-year 25% tax credit to motivate companies to build plants in the United States and make investments in the U.S. semiconductor industry. The tax credit is projected to value at about $24 billion.

The proposed legislation is an attempt to solve the ongoing supply-chain disturbances and supply shortages being faced by the U.S. semiconductor industry. This is hurting the manufacturing of several consumer products like smartphones, gaming consoles, and automobiles.

Amid the COVID-19 uncertainty and geopolitical crisis, the bill also aims to reduce the dependence on Asian manufacturers like China and Taiwan.

According to a report published by Barrons, Robert Kaminski of Capital Alpha said, “Semis investors have been looking for CHIPS passage to be a catalyst for the stocks, but we have been cautioning that it will take months for the money to actually get out the door.”

AMD’s Game Stays Strong

AMD is gaining from the robust performance of its Ryzen and EPYC server processors. In fact, revenues from the EPYC server processor more than doubled for the third consecutive quarter in the first quarter of 2022. Each of the company’s businesses saw double-digit year-over-year growth in the last reported quarter. Further, the acquisition of Pensando is expected to broaden AMD’s data center product offerings on the back of its distributed services platform.

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 seven Holds. Advanced Micro Devices’ average price target of $129.36 signals that the stock may surge nearly 50.6% from current levels. Shares of AMD have lost 42.8% so far this year.

AMD scores a 9 out of 10 on TipRanks’ Smart Score rating system, indicating that the stock has strong potential to outperform the market. Also, financial bloggers are 89% Bullish on AMD, compared with 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 stock in the last quarter.

Is AMD Stock Worth a Shot?

It is worth noting that The Chips Act could prove to be more beneficial for companies like Intel (INTC), which manufacture their own chips, unlike AMD, a semi-designer, which outsources the production of its chips.

Nevertheless, AMD is well-positioned to gain from upbeat prospects in the U.S. semiconductor industry. Its solid full-year guidance indicates higher organic growth across AMD. Investors interested in the stock could pocket solid returns in the long term.

Read full Disclosure.

Texas Instruments Incorporated TXN is scheduled to report second-quarter 2022 results on Jul 26.For second-quarter 2022, the company anticipates revenues between $4.2 billion and $4.8 billion. The Zacks Consensus Estimate for the same is pegged at $4.5 billion, suggesting

Semiconductor stocks have been clobbered hard on the market this year, as the 31% decline in the PHLX Semiconductor Sector index indicates. And not surprisingly, its components, such as Advanced Micro Devices (NASDAQ: AMD) and Intel (NASDAQ: INTC), have also plunged big time.

Making its debut on 05/08/2007, smart beta exchange traded fund First Trust Technology AlphaDEX ETF (FXL) provides investors broad exposure to the Technology ETFs category of the market.

For Immediate ReleaseChicago, IL – July 20, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in

The world's top chip manufacturer Taiwan Semiconductor Manufacturing's (NYSE: TSM), better known as TSMC, second-quarter 2022 earnings report indicates chip spending is still very healthy, especially as businesses update their operations for cloud computing and AI. TSMC said its

Qualcomm Inc. stock (NASDAQ: QCOM) is up around 10% in the past month (twenty-one trading days), performing better than the S&P 500 which was up just 1.6% over this period. If you look at the change over the last five and ten days, too, the stock has returned 9.2% and 17%,

What happened Shares of Advanced Micro Devices (NASDAQ: AMD) climbed 5.5% on Tuesday ahead of a key Senate vote that could help to fuel the growth of the U.S. semiconductor industry.

Tuesday, July 19, 2022 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features a real-time update on the Q2 earnings season and new research reports on 16 major stocks, including Chevron Corporation (CVX), Adobe Inc.

Today's video focuses on how Intel (NASDAQ: INTC) could benefit from the CHIPS Act and the FABS Act. Some of the company's competitors believe this legislation might give Intel an unfair advantage and cause a disturbance in the semiconductor market. Check out the short video to l