AMD Guidance Misses: Is $150 a Good Bottom Opportunity?

AMD's Q3 revenue grew by 18% year-over-year to $6.82 billion, surpassing market expectations of $6.71 billion. Adjusted earnings per share came in at $0.92, in line with market expectations. However, the Q4 guidance fell short of expectations, dampening the enthusiasm surrounding AI chip demand. -------------------- What's your target price? Would you bottom AMD at $150 or lower prices?

avatarUltrahisham
10-29 17:37
Will AMD Surpass Earnings Expectations? Advanced Micro Devices (AMD) has been a significant player in the semiconductor industry for decades. It’s a company that constantly battles with giants like Intel and NVIDIA, striving to deliver cutting-edge technology to stay competitive. As AMD’s next earnings report approaches, many investors are keen to know if the company will exceed its earnings expectations. Here are the key factors at play in determining whether AMD is poised to beat the market’s estimates. 1. Strong Product Portfolio AMD has recently bolstered its product lineup with new releases in CPUs, GPUs, and accelerated computing products. With its Ryzen, EPYC, and Radeon lines, AMD has secured substantial market share gains across various sectors, including consumer PCs, gaming, and
avatarMaster Huang
10-29 19:55
With the semiconductor industry experiencing a significant upswing lately, I’ve been thinking a lot about AMD (Advanced Micro Devices),$Advanced Micro Devices(AMD)$  and its role in this rally. Can AMD keep up the momentum and continue to drive growth in the sector? I wanted to share some thoughts and see what you all think. The AI Revolution and Data Centers First off, the explosion of artificial intelligence and machine learning applications has been a massive driver for semiconductor demand. AMD has been making impressive strides with its EPYC processors in the data center market, competing head-on with Intel. The company’s focus on high-performance computing positions it well to capitalize on the growing need
avatarKong123
05:44
My prefiction, revenue shall be surprise by +1% ~+ 2.2% , 6.73B, whereas EPS slightly below espectation of 0.41.
avatarBarcode
10-28 01:03
$Advanced Micro Devices(AMD)$ $ON Semiconductor(ON)$  🔺🅱️🆄🅻🅻🅸🆂🅷🔺 🚀📊💸 CHIP WARS: WILL AMD & ON KEEP THE SEMI SIZZLE? 💸📊🚀 Kia ora Tiger traders!  🌟 It’s time to crank up those trading engines! 🏎️💨 We’re zooming towards AMD’s earnings report on October 29th, and the semiconductor streets are buzzing louder than a coffee machine on a Monday morning. ☕️ Can AMD and ON Semiconductor keep up the momentum, or are we in for a plot twist? Let’s fire up the data chips and see! 🔥📉 🧠 Key Insights & Earnings Buzz • 📊 Revenue Ramp-Up: Analysts expect AMD’s Q3 revenue at $6.71 billion, marking a solid 16% YoY surge. Compare this to $5.84 billion last quarter—growth is definitely on the menu! 🍽️ • 💵 Earning
avatar6et1
10-29 19:17
It's certainly an exciting time for semiconductor companies, especially with the strong demand for AI-related products! AMD's upcoming earnings report will be closely watched, given the recent positive performances from its peers. Analysts are optimistic about AMD's prospects, with revenue expected to grow 15.8% year-over-year to $6.71 billion, and adjusted earnings per share projected at $0.92. The company's data centre business, which is crucial, is anticipated to bring in $3.46 billion, up significantly from last year. As for the target price, analysts have set an average target of $188.06, compared to the current share price of around $156.15. This suggests a potential upside of about 21% if AMD meets or exceeds expectations.
avatarPenthon
10-29 18:37
Can AMD s GPU beats Nvidia?? Might not be at this moment but who knows in future? AMD has proven to be fast-follower and more viable alternative to Nvidia's current newest release ofGPUs though comparatively lower performance on average.
avatarMrzorro
10-28 22:34
I believe AMD and ON will continue rally 🚀🚀🚀 AMD's business is about more than just AI, even though the data-center market is by far its business revenue line, and the one expected to show the fastest growth. Analysts tracked by FactSet expect $6.71 billion in overall revenue for the third quarter, which would be up 16% from a year before. Data-center revenue is projected to climb 118% to $3.49 billion. While AMD is expected to see about 20% growth in its client business, which captures personal computing, other areas are expected to post steep declines. For instance, analysts model a 62% drop in gaming revenue and a 26% fall in embedded revenue, translating to $576 million and $916 million, respectively. AI has been a red-hot theme for the chip sector this year, but many areas outside of
avatarHMH
10-26

Can AMD Continue the Semiconductor Earnings Rally?

Western Digital Jumps 9% on Earnings Beat Amid Strong Cloud Demand $Advanced Micro Devices(AMD)$’s earnings are on deck for October 29, 2024, and the semiconductor sector is buzzing with optimism. Companies like TSMC, Lam Research, and Western Digital have delivered strong results in recent weeks, largely driven by surging demand in artificial intelligence (AI) and cloud computing. Even $NVIDIA Corp(NVDA)$, the AI leader, hit a new all-time high this week, signalling market enthusiasm for tech stocks despite macroeconomic uncertainties. But with high expectations already priced into the sector, the big question remains: Can AMD keep the rally alive? In this article, I’ll explore the outlook for AMD’s earni
Can AMD Continue the Semiconductor Earnings Rally?
avatarjayc
10-28 12:57
AMD has launched its Instinct MI325X AI accelerator as part of their efforts to compete with Nvidia’s dominance in the AI chip market. The MI325X features 256 GB of HBM3E memory and can achieve up to 2.6 petaFLOPS of FP8 performance, making it ideal for AI workloads, including training large models like Llama 3.1. It was launched in October 2024 and is aimed at improving inference and training tasks for AI, while offering higher memory capacity and bandwidth compared to previous models. AMD is positioning the MI325X to challenge Nvidia's H200 accelerators, and it is expected to ship in Q4 2024, with broader system availability in early 2025. The company's MI300 series of GPU accelerators has gained significant traction, with AMD raising its full-year outlook for MI300 revenue from $4.

TBI's Thoughts [9]: AMD (NASDAQ: AMD)... Dawn of a Bull Market?

Hi everyone. Today I’ll be covering one of the most well-known AI and semiconductor companies in the world: Advanced Micro Devices Inc. (NASDAQ: AMD) AMD has been in a long-term uptrend since 1974, with a series of higher highs and higher lows. In 2016, a steeper support trendline formed, with the move greatly accelerating to the upside. Based on the current monthly candle, we are set for a bullish Stochastic crossover for the first time since Nov’23 (subject to earnings on the 29th and the monthly candle close). The last 2 bullish crossovers have led to 100% returns (or higher). AMD has been consolidating below the red resistance trendline since March. It finally broke out of this trendline in September, and has spent the past 3 weeks retesting the breakout on gradually declining volume.
TBI's Thoughts [9]: AMD (NASDAQ: AMD)... Dawn of a Bull Market?

AMD Potential Buy Before Earnings On 29 Oct. Watch MTF Closely.

$Advanced Micro Devices(AMD)$ will be releasing its third quarter earnings after market close on next Tuesday (29 Oct). We have seen two semiconductor stocks $Lam Research(LRCX)$ and $Western Digital(WDC)$ reporting positive earnings which helped drive their stock price higher. So how would AMD stock price be performing after the earnings report on 29 Oct? Market is expecting AMD to post earnings of $0.92 per share for the third quarter. Analysts say AMD could benefit from Intel's recent woes. Intel stock has plummeted this year on competitive and operational concerns. Can AMD Stay Ahead Of Intel In CPUs Chips? Under AMD CEO Lisa’s supervision, AMD jumped ahead of
AMD Potential Buy Before Earnings On 29 Oct. Watch MTF Closely.
avatarIykyk
10-27
All will go up. Let's go
avatarRJR
10-26
Great investment must try 
avatartilly86
10-26
Fifigirigkhotugky I Rh bf hi o6
$Advanced Micro Devices(AMD)$ no, not in the near future.
avatarRexLim
10-25
$Advanced Micro Devices(AMD)$  This damn trash get only lower and lower...
I opened $AMD 20241108 135.0 PUT$  ,sold puts earn high premium due to before QR
avatarAI_Dig
10-21

When Will the Semi Bull Market End?

Since October 2022, the semiconductor market has been on a bull run. Taking the $Philadelphia Semiconductor Index(SOX)$ as an example, it has surged by an impressive 149%, significantly outpacing the $.IXIC(.IXIC)$ 's 83% gain during the same period.This bull market has lasted for two years, making many investors quite profitable. In the spirit of being proactive, let's discuss when this big bull market might end and when investors should sell to maximize their returns.Assessing the FundamentalsFrom a value investing perspective, the stock market acts as a barometer for the economy, and the fundamentals drive stock prices. After two years of growth in the semiconductor sector, are the fundamentals still s
When Will the Semi Bull Market End?
avatarAI_Dig
10-16

Earnings Digest | ASML Crashes! What’s Next for Semi Industry?

Last night, $ASML Holding NV(ASML)$ suffered a severe blow, with its stock plunging 16%, marking its biggest one-day drop in 26 years. In a time when companies like $Broadcom(AVGO)$ and $Taiwan Semiconductor Manufacturing(TSM)$ are hitting all-time highs, how did the dominant lithography machine maker like ASML come crashing down?1.Earnings ShockThis downturn is tied to ASML’s unexpected Q3 earnings report. The company reported new orders of just €2.63 billion, far below analysts’ expectations of €5.39 billion. They also lowered their 2025 revenue guidance from €30 billion-€40 billion to €30 billion - €35 billion and adjusted gross margin expectations down from 54
Earnings Digest | ASML Crashes! What’s Next for Semi Industry?