1 05, 2024

AMD Drops on Disappointing Guidance Despite Q1 Earnings Beat: Why it May Be Time to Sell the Stock

By |2024-05-01T17:15:21+00:00May 1st, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Advanced Micro Devices (AMD) reported its first-quarter earnings yesterday, which narrowly outperformed the analyst consensus. This lackluster performance coupled with a disappointing guidance has sent shares down more than 9%. The chip maker posted earnings per share of 62 cents compared to the estimate of 61 cents. Revenue came in at $5.47 billion compared [...]

5 03, 2024

Advanced Micro Devices Inc. Falls on Regulatory Challenges, But AMD is Still a Buy: 3 Reasons Why

By |2024-03-05T17:27:47+00:00March 5th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Advanced Micro Devices Inc. (AMD) has been informed by US officials that the AI chip they’ve been developing for China will need additional licensing before it can be exported. Shares are down a bit today on this news, but as we’ll explore in just a moment, AMD is still worth buying. The chip in [...]

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