🔥Stock Prediction: How will AMD close Wednesday 1/11 following their earnings?
@Tiger_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. For example, If 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins. Reply and forward this post, share your insights about AMD's financial reports, and you will have the chance to win Tiger gifts. ⏰Event Duration The deadline for this event is 04:00 on 1st November 2023 🔥Don't forget to follow@Tiger_Earnings, Tiger's official account for providing key information during earnings season📖📖📖 📖For a beginner's guide to financial statements, click here
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