Stock Track | AMD Stock Dips 5% as Investors Take Profits After Q2 Rally

Stock Track08-01

Shares of Advanced Micro Devices (AMD) fell 5.1% in intraday trading on Thursday, as investors took profits following the company's strong rally after its impressive second-quarter earnings report. The pullback came amid broader concerns about potential market volatility in the coming months and a general decline in semiconductor stocks.

On Tuesday, AMD reported better-than-expected revenue and earnings for the second quarter, driven by robust growth in its data center business. The company's data center segment revenue surged 115% year-over-year, fueled by strong demand for its Instinct AI accelerators and 4th Gen CPUs. AMD's overall revenue grew 8.9% year-over-year to $5.84 billion, while its net income jumped to $265 million, up from $27 million in the same period last year.

Following the impressive results, AMD's stock rallied, gaining over 5% on Wednesday. However, the momentum faded on Thursday as investors took profits and concerns about broader market performance resurfaced. Some analysts have warned that the stock market could face a pullback in August and September after a strong July, with the S&P 500 potentially declining more than 15% by the end of the year.

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Comments

SingHeat
08-02
SingHeat
All shares went down tonight but surprising AMD is one of the top losers :(
shihlonchen
08-02
shihlonchen
強勁的7月？連線圖都不會看嗎？

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AMD's overall revenue grew 8.9% year-over-year to $5.84 billion, while its net income jumped to $265 million, up from $27 million in the same period last year.</p>\n\n<p>Following the impressive results, AMD's stock rallied, gaining over 5% on Wednesday. However, the momentum faded on Thursday as investors took profits and concerns about broader market performance resurfaced. 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The pullback came amid broader concerns about potential market volatility in the coming months and a general decline in semiconductor stocks.</p>\n\n<p>On Tuesday, AMD reported better-than-expected revenue and earnings for the second quarter, driven by robust growth in its data center business. The company's data center segment revenue surged 115% year-over-year, fueled by strong demand for its Instinct AI accelerators and 4th Gen CPUs. AMD's overall revenue grew 8.9% year-over-year to $5.84 billion, while its net income jumped to $265 million, up from $27 million in the same period last year.</p>\n\n<p>Following the impressive results, AMD's stock rallied, gaining over 5% on Wednesday. However, the momentum faded on Thursday as investors took profits and concerns about broader market performance resurfaced. Some analysts have warned that the stock market could face a pullback in August and September after a strong July, with the S&P 500 potentially declining more than 15% by the end of the year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123575461","content_text":"Shares of Advanced Micro Devices (AMD) fell 5.1% in intraday trading on Thursday, as investors took profits following the company's strong rally after its impressive second-quarter earnings report. The pullback came amid broader concerns about potential market volatility in the coming months and a general decline in semiconductor stocks.\nOn Tuesday, AMD reported better-than-expected revenue and earnings for the second quarter, driven by robust growth in its data center business. The company's data center segment revenue surged 115% year-over-year, fueled by strong demand for its Instinct AI accelerators and 4th Gen CPUs. AMD's overall revenue grew 8.9% year-over-year to $5.84 billion, while its net income jumped to $265 million, up from $27 million in the same period last year.\nFollowing the impressive results, AMD's stock rallied, gaining over 5% on Wednesday. However, the momentum faded on Thursday as investors took profits and concerns about broader market performance resurfaced. Some analysts have warned that the stock market could face a pullback in August and September after a strong July, with the S&P 500 potentially declining more than 15% by the end of the year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":333810323136536,"gmtCreate":1722529957465,"gmtModify":1722529961031,"author":{"id":"3572535866790814","authorId":"3572535866790814","name":"shihlonchen","avatar":"https://static.tigerbbs.com/6b7848d7bddfe597ebfe5ce8085d5ae3","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3572535866790814","authorIdStr":"3572535866790814"},"htmlText":"強勁的7月？連線圖都不會看嗎？","listText":"強勁的7月？連線圖都不會看嗎？","text":"強勁的7月？連線圖都不會看嗎？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333810323136536","repostId":1123575461,"repostType":2,"repost":{"id":"1123575461","weMediaInfo":{"introduction":"Track stock‘s movements and relevant news","home_visible":1,"media_name":"Stock Track","id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"pubTimestamp":1722523999,"share":"https://ttm.financial/m/news/1123575461?lang=&edition=fundamental","pubTime":"2024-08-01 22:53","market":"hk","language":"en","title":"Stock Track | AMD Stock Dips 5% as Investors Take Profits After Q2 Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=1123575461","media":"Stock Track","summary":"Shares of Advanced Micro Devices  fell 5.1% in intraday trading on Thursday, as investors took profits following the company's strong rally after its impressive second-quarter earnings report. The pullback came amid broader concerns about potential market volatility in the coming months and a general decline in semiconductor stocks.On Tuesday, AMD reported better-than-expected revenue and earnings for the second quarter, driven by robust growth in its data center business. The company's data cen","content":"<p>Shares of Advanced Micro Devices (AMD) fell 5.1% in intraday trading on Thursday, as investors took profits following the company's strong rally after its impressive second-quarter earnings report. The pullback came amid broader concerns about potential market volatility in the coming months and a general decline in semiconductor stocks.</p>\n\n<p>On Tuesday, AMD reported better-than-expected revenue and earnings for the second quarter, driven by robust growth in its data center business. The company's data center segment revenue surged 115% year-over-year, fueled by strong demand for its Instinct AI accelerators and 4th Gen CPUs. AMD's overall revenue grew 8.9% year-over-year to $5.84 billion, while its net income jumped to $265 million, up from $27 million in the same period last year.</p>\n\n<p>Following the impressive results, AMD's stock rallied, gaining over 5% on Wednesday. However, the momentum faded on Thursday as investors took profits and concerns about broader market performance resurfaced. Some analysts have warned that the stock market could face a pullback in August and September after a strong July, with the S&P 500 potentially declining more than 15% by the end of the year.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | AMD Stock Dips 5% as Investors Take Profits After Q2 Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | AMD Stock Dips 5% as Investors Take Profits After Q2 Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2024-08-01 22:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Advanced Micro Devices (AMD) fell 5.1% in intraday trading on Thursday, as investors took profits following the company's strong rally after its impressive second-quarter earnings report. The pullback came amid broader concerns about potential market volatility in the coming months and a general decline in semiconductor stocks.</p>\n\n<p>On Tuesday, AMD reported better-than-expected revenue and earnings for the second quarter, driven by robust growth in its data center business. The company's data center segment revenue surged 115% year-over-year, fueled by strong demand for its Instinct AI accelerators and 4th Gen CPUs. AMD's overall revenue grew 8.9% year-over-year to $5.84 billion, while its net income jumped to $265 million, up from $27 million in the same period last year.</p>\n\n<p>Following the impressive results, AMD's stock rallied, gaining over 5% on Wednesday. However, the momentum faded on Thursday as investors took profits and concerns about broader market performance resurfaced. Some analysts have warned that the stock market could face a pullback in August and September after a strong July, with the S&P 500 potentially declining more than 15% by the end of the year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123575461","content_text":"Shares of Advanced Micro Devices (AMD) fell 5.1% in intraday trading on Thursday, as investors took profits following the company's strong rally after its impressive second-quarter earnings report. The pullback came amid broader concerns about potential market volatility in the coming months and a general decline in semiconductor stocks.\nOn Tuesday, AMD reported better-than-expected revenue and earnings for the second quarter, driven by robust growth in its data center business. The company's data center segment revenue surged 115% year-over-year, fueled by strong demand for its Instinct AI accelerators and 4th Gen CPUs. AMD's overall revenue grew 8.9% year-over-year to $5.84 billion, while its net income jumped to $265 million, up from $27 million in the same period last year.\nFollowing the impressive results, AMD's stock rallied, gaining over 5% on Wednesday. However, the momentum faded on Thursday as investors took profits and concerns about broader market performance resurfaced. Some analysts have warned that the stock market could face a pullback in August and September after a strong July, with the S&P 500 potentially declining more than 15% by the end of the year.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":0,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1123575461"}