AMD241101P139000
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Advanced Micro Devices Newsroom
AMD raised its annual sales forecast for ai chips, but the disappointing Q4 guidance led to a more than 7% drop after hours.
Although AMD's total revenue and most important datacenter revenue reached new highs in the third quarter, the midpoint of the revenue guidance range for the fourth quarter fell slightly below expectations. Some analysts believe that supply chain constraints are preventing it from meeting the significant demand for AI chips from customers.
TD Cowen: Lowered the target price of AMD to $185.
October 30th, Groundtruth ǀ TD cowen inc 7.75% senior notes due 15/06/33 usd25: AMD (AMD.US) target price cut from $210 to $185.
TD Cowen Maintains Advanced Micro Devices(AMD.US) With Buy Rating, Cuts Target Price to $185
Express News | Advanced Micro Devices : Piper Sandler Cuts Target Price to $180 From $200
Alphabet, Meta Platforms, Microsoft, Snap, And AMD: Why These 5 Stocks Are On Investors' Radars Today
After-hours slump exceeds 7%! AMD delivers a "passing" financial report card, but still fails to meet investors' expectations.
① AMD's third-quarter financial report shows that although the company's revenue and profit performance in the third quarter met analyst expectations, its outlook for the fourth quarter fell short of expectations, which left the market somewhat disappointed; ② AMD's stock price dropped more than 7% after hours, while overall U.S. chip stocks were generally affected post-market.
Express News | US stock futures: Google rose more than 5% after earnings, AMD fell more than 7%.
Advanced Micro Devices, Inc. (AMD) Q3 2024 Earnings Call Transcript Summary
Futu Morning Post | Global asset frenzy! Nasdaq, gold hit record highs, bitcoin nearing historical highs; Cloud business strong growth! Google up nearly 6% after hours.
Da Ma: US stocks have not fully priced in a Trump victory; The "fear index" VIX has turned net long for the first time since 2018; AMD fell more than 7% after-hours, fourth-quarter revenue outlook fell short of analyst's expectations.
AMD (AMD.US) Q4 guidance is lower than expected, dampening the enthusiasm for ai chips.
AMD (AMD.US) announced its third-quarter earnings in post-market trading on Tuesday.
OpenAI's self-developed chip ambitions exposed! It is reported that they have planned to collaborate with broadcom and taiwan semiconductor.
1. Insiders revealed that OpenAI is collaborating with Broadcom and Taiwan Semiconductor to develop its first in-house chip; 2. Insiders stated that the company also plans to use Nvidia chips while enabling AMD chips to meet its rapidly increasing computing power needs.
AMD Tumbles After AI Chip Growth Fails to Inspire Investors
Stocks to Watch: Alphabet, Advanced Micro Devices, O-I Glass, NerdWallet
U.S. stocks close | The three major indexes are mixed, with the Nasdaq hitting a new high for the fourth consecutive rise; chip stocks are strong, AMD closed up 4% but fell over 7% after hours due to poor guidance; cryptos concept stocks are rising.
The USA economy is mixed, with consumer confidence increasing but job vacancies hitting a three-and-a-half-year low. The Dow Jones and small cap stocks fell, while the S&P and Nasdaq turned higher. The chip index rose by more than 2%, while the Chinese concept index turned down by over 1%. Trump's media fluctuations have repeatedly caused trading to be suspended.
US stocks are volatile | AMD plunged 7.7% after hours, with disappointing revenue outlook for the fourth quarter.
Great Wisdom on October 30 | AMD plunges 7.7% after hours. AMD's revenue in the third quarter was $6.8 billion, with analysts expecting $6.71 billion; adjusted eps in the third quarter was $0.92, analysts expected $0.92; adjusted operation income in the third quarter was $1.72 billion, analysts expected $1.71 billion; adjusted operation profit margin in the third quarter was 25%, analysts expected 25.4%; research and development expenses in the third quarter were $1.64 billion, analysts expected $1.61 billion; projected revenue for the fourth quarter is expected to be between $7.2 billion and $7.8 billion, analysts expect $7.55 billion.
Wells Fargo Maintains Advanced Micro Devices(AMD.US) With Buy Rating, Maintains Target Price $205
Compared to Estimates, Advanced Micro (AMD) Q3 Earnings: A Look at Key Metrics
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AMD Revenue Forecast and AI Chip Sales Fails to Impress Wall Street
US stocks closed: Nasdaq rose for the fourth consecutive time to a new high. The seven giants and chip stocks strengthened overall.
①Nasdaq China Golden Dragon Index fell by 1.44%; ②Google's quarterly revenue and EPS both exceeded expectations; ③Musk: It is expected that the number of robots will exceed humans by 2040; ④OpenAI reportedly plans to collaborate with Broadcom and Taiwan Semiconductor to jointly develop self-designed chips.