AMD $Advanced Micro Devices(AMD)$ stock is up 2.1% year-to-date, currently trading at $150.5, which is 28.8% below its all-time high of $211.38.  Key Points to Know About AMD:  1) 2Q 2024 Earnings Beat Expectations: AMD's 2Q 2024 revenue and EPS exceeded market expectations, as did its earnings guidance. Earnings per Share: +19% YoY, $0.69 adjusted vs. $0.68 expected. Revenue: +9% YoY, $5.84 billion vs. $5.72 billion expected. Guidance: For Q3 2024, AMD projects revenue of around $6.7 billion, a 16% YoY increase, beating the $6.61 billion expected. Data center GPU revenue is expected to exceed $4.5 billion in 2024, up from the $4 billion guided in April. 2) Data Center Growth is Promising but Relatively Slower than Nvidia’s: The data cen

Stock traders are enthusiastic about the financial reports every quarter. This period, lasting for several weeks, allows people to gain in-depth insights into the performance of major companies.Data of interest in the company's financial reports includes:Net incomeRevenueEarnings per shareOutlook for the remaining quarter and the entire fiscal yearDuring the earnings season, traders can track the dynamics of companies on their watchlists and the corresponding indices at any time. For example, Apple is one of the large companies included in the Nasdaq 100 index.Therefore, when the company records significant growth in its financial reports, traders are likely to have a positive outlook on the stock.Earnings Season Kicks Into High Gear With Magnificent 7 Reports | Seeking Alpha

In the theatrics of the stock market, AMD recently took centre stage with an after-hours dip that left investors checking their heart rates. Is this the opening scene of a tragedy, or just a plot twist in the semiconductor saga? Fear not, fellow investors — we're here to decode the drama and find the silver lining in the silicon cloud. AMD's Dip: A Tumble, Not a Titanic Sink So, AMD ($Advanced Micro Devices(AMD)$) stumbled a bit in the first-quarter guidance dance. But let's not forget, even superheroes have their kryptonite. Macro headwinds, like the wind messing up Superman's hair, played a part. PC demand doing the cha-cha and supply chain constraints tap dancing didn't help either. But hold your horses! These challenges aren't exclusive to AMD.

The Biden administration is expected to announce the third round of subsidies under the US Chips Act to help chip companies build new chip manufacturing factories in the United States. These high-end semiconductors will be used in smartphones, artificial intelligence (AI), and weapons. $Intel(INTC)$ and $Taiwan Semiconductor Manufacturing(TSM)$ may become the beneficiaries of these subsidies.In addition, chip companies such as $Micron Technology(MU)$ , $Texas Instruments(TXN)$, and $GLOBALFOUNDRIES Inc.(GFS)$ are also serious contenders.Moreover, executives in the chip industry predi

Hi everyone! Here’s my long-awaited post on one of the eminent semiconductor companies: Intel (NASDAQ: INTC) Here’s a quick look at the daily chart. Note that the stock was trading in a rising wedge pattern (appearing to be bearish), but ultimately broke out of it, and has backtested the breakout at least once. I believe this is the second time we are backtesting the breakout. I note significant volume on the weekly candle on the first backtest, and potentially similar volume on this potential second backtest. What could possibly affect the weekly closing candle would be the news yesterday that INTC delayed its $20bn Ohio project from 2025 to late-2026. This caused a sell-off after hours yesterday. However, my expectation is that the weakness will be bought up over the session. The daily c

Click to vote. Guess how will $Advanced Micro Devices(AMD)$ close Wednesday 1/31 following their earnings?? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.$Advanced Micro Devices(AMD)$ is set to post its earnings after the market close on Tuesday. Analysts expect to see adjusted earnings per share (EPS) of $0.77 on revenue of $6.13 billion, according to Bloomberg. That would represent year-over-year growth rates of 12.3% and 10%, respectively. Adjusted net income is expected to come in at $1.27 billion while operating profit is seen at $1.43 billion. What to watch:AMD reports revenue by four separate segments: data center, client, gaming and embedded. Data center commands t