AMD: a stock to have Long
⚡️CPU Retail Sales Week 41 (mindfactory)
☝️7800X3D takes off
ℹ️ Units:
AMD $Advanced Micro Devices(AMD)$
Intel $Intel(INTC)$ : 760, 16.4%, ASP: 340
ℹ️ Revenue:
AMD: 1122514, 81.3%
Intel: 258133, 18.7%
This really is great news.
So I predict the following…
For the 3rd quarter 2023 the Revenue of $5.7B will be an increase sequentially of 6.5% and YoY increase of 2.5%.
Sequentially the Client and the Datacenter each will have grown by double-digit percentage and will not be offset by as much now that we see these numbers…by the Gaming and Embedded segments. Maybe even a plus up in PC!!
But most importantly, Guidance will be great with dramatic increases in all segments, led by the greatest increase in Data Center.
Therefor AMD will increase into November to $120
Guys, I’m starting to get nervous. Rated Strong Buy
Image
Image
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.
