Soyabean89
2023-02-02

$Advanced Micro Devices(AMD)$  hmm

Revenue (beat 16%) & non GAAP EPS beat expectations


 reduce forecast for next quarter...

Big contribution from xilin arm and data center & embidded wing. 

Consumer/gaming pc wing reported operation losses.

Powell latest hint of softer hike also contribute to this jump

Tldr... Still in red... Rate hike still imposed rather than plateau. Macro sentiment might not be well in later part of year

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
29
1