🔥Stock Prediction: How will AMD close Wednesday 1/11 following their earnings?
Click to vote. Guess how will $Advanced Micro Devices(AMD)$ close Wednesday 1/11 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. Wall Street expects AMD to earn 64 cents per share on revenue of $5.37 billion. This compares to the year-ago quarter when earning were 67 cents per share on $5.62 billion in revenue.
What to watch:
There continues to be a noticeable rebound in global PC shipments, according to Gartner, which suggested a recovery in the global PC market could be underway.
This bodes well for Advanced Micro Devices, which is one of the key players in the global semiconductor industry. AMD has consistently grown its market share of the global CPU processors, driven by product innovations such as its Ryzen processors built on the Zen microarchitecture. However, margin erosion and the cyclicality in the chip business have been two of the company’s biggest headwinds over the past several quarters. Investors are anxious to see whether margin pressures have bottomed and are now ready for expansion.
AMD's earnings call will be held on 1st November 2023 at approximately at 5:00 SGT. To set a reminder, please click here
💰Event Details
Click to vote. Guess where $Advanced Micro Devices(AMD)$ will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.
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⏰Event Duration
The deadline for this event is 04:00 on 1st November 2023
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Stock Prediction: How will AMD close Wednesday 1/11 following their earnings?(Single choice)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.
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