Advanced Micro Devices shareholders are eagerly anticipating the semiconductor maker’s latest update on demand for its AI chips when it reports earnings on Tuesday. The company will report fourth-quarter earnings after the market close. The Wall Street consensus estimate is for AMD to release revenue of $6.13 billion with adjusted earnings per share of 77 […]
Tag: AMDs
How AMD’s Stock Price Can Continue to Grow in 2024
AMD-headquarters-santa-clara with AMD logo on building_AMD_Advance In today’s video, I discuss recent updates affecting Advanced Micro Devices (NASDAQ: AMD). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the market prices of Dec. 20, 2023. The video was published on Dec. 20, 2023. […]
Nvidia Fires Back at AMD’s AI Chip Claims — What Investors Need to Know
data center infrastructure information technology At its recent AI event, Advanced Micro Devices (NASDAQ: AMD) fired shots and claimed supremacy in AI inference above AI system pioneer and leader Nvidia (NASDAQ: NVDA). AMD stock has been in rally mode as investors ratchet up their expectations in 2024 for the scrappy chip designer. Nvidia fired back, […]
AMD’s Rising Star – What’s Behind Goldman Sachs’ Surprising Price Target Increase?
Goldman Sachs analyst Toshiya Hari maintained Advanced Micro Devices Inc (NASDAQ: AMD) with a Buy and raised the price target from $137 to $157. Hari increased his 2024 and 2025 revenue estimates for AMD by 7% and 10%, respectively, as he reflected on last week’s supply chain checks that indicated broad-based adoption of the company’s MI300 Data Center GPU offering across the cloud […]