Advanced Micro Devices (AMD)

[winston]

not vested

Advanced Micro Devices (AMD) reported in-line profits and revenue.

However, AMD gave a third-quarter revenue forecast below analyst projections, as gaming console chip demand falls.

Source: CNBC

[winston]

not vested

Why AMD Is Stumbling After Earnings

By Chris Lange

Advanced Micro Devices, Inc. (NASDAQ: AMD) reported second-quarter financial results after markets closed Tuesday.

The firm posted $0.08 in earnings per share (EPS) and $1.53 billion in revenue, compared with consensus estimates that called for $0.08 in EPS and $1.52 billion in revenue. The same period from last year had $0.14 in EPS and $1.76 billion in revenue.

For the quarter, revenues were down 13% year over year due to lower revenue in the Computing and Graphics segment and 12% in the Enterprise, Embedded and Semi-Custom segment.

Revenue was up 20% quarter over quarter due to higher revenue in both segments.

Computing and Graphics segment revenue was $940 million. Revenue was lower year over year primarily due to lower graphics channel sales, partially offset by increased client processor and datacenter GPU sales.

Enterprise, Embedded and Semi-Custom segment revenue was $591 million compared with last year. The year over year revenue decrease was primarily due to lower semi-custom product revenue, partially offset by higher EPYC processor sales.

Looking ahead to the third quarter, the company expects to see revenues of $1.8 billion, give or take $50 million, with a gross margin of 42%. Consensus estimates are calling for $0.23 in EPS and $1.95 billion in revenue for the coming quarter.

Dr. Lisa Su, AMD president and CEO, commented:
I am pleased with our financial performance and execution in the quarter as we ramped production of three leadership 7nm product families. We have reached a significant inflection point for the company as our new Ryzen, Radeon and EPYC processors form the most competitive product portfolio in our history and are well positioned to drive significant growth in the second half of the year.

The consensus analyst price target is $31.79.

Source: 24/7 Wall Street

https://247wallst.com/technology-3/2019 ... JUL312019a

[winston]

not vested

RIDING THE SEMICONDUCTOR TREND HUNDREDS OF PERCENT HIGHER

Today's chart shows why we love betting on a powerful tech trend...

All our most popular electronic devices rely on semiconductors. The Internet age wouldn't exist without the tiny silicon chips in smartphones, personal computers, and the servers that make up the online data storage "cloud.

" Semiconductors bring in big money as folks keep demanding more and more computing power – and that's great news for today's company...

Advanced Micro Devices (AMD) is a $45 billion semiconductor developer that sells computer processors and graphics cards, mostly to electronics manufacturers that will install them in their own products.

There's no shortage of demand today, and AMD enjoys a profitable business... It brought in net income of $120 million in the most recent quarter, up 18% year over year.

AMD shares have exploded more than 1,300% over the past five years. And the stock hit a multiyear high earlier this week... although some analysts worry that this rise isn't sustainable.

Regardless, semiconductors have been a goldmine for investors – and this big tech trend isn't going anywhere...

Source: Daily Wealth

[winston]

not vested

AMD: Focus on the Long-Term

While the market likes the forecast for nearly 30% revenue growth this year, the company still only has a small market share of a global market with an estimated annual value of $79 billion.

The company has a new target of 20% annual revenue growth and gross margins exceeding 50%.

Despite what some investors view as an expensive stock as AMD trades at nearly 40x 2020 EPS estimates, the stock quickly becomes a bargain in out years. The company doesn’t even reach 25% market share in their target markets while pushing EPS up to $2.66 in 2023.

Source: TipRanks

https://finance.yahoo.com/news/amd-focu ... 19641.html

[winston]

not vested

AMD Stock

AMD stock has a cup base with a buy point of 59.37. Shares ran up after clearing an aggressive entry just above 50 recently. AMD stock has paused, potentially working on a handle.

The RS line for AMD stock is at record highs, continuing a strong trend.

AMD stock also has a perfect Composite Rating of 99. After two quarters of declines, AMD earnings and sales have risen for the past two quarters.

The Stock Checkup Tool shows AMD earnings per share shot up 300% in the latest quarter with sales up 50%.

Its progress had been fueled by new products and improved profitability, both of which are key ingredients in the CAN SLIM formula.

The firm has won praise for making chips at 7-nanometer scale, while rival Intel (INTC) has struggled to make chips at 10-nanometer scale.

AMD is now developing 5-nanometer chips. Circuit widths on chips are measured in nanometers, which are one-billionth of a meter.

Fellow chip stock Nvidia (NVDA) is currently in a buy zone, while rival Intel posts earnings Thursday night. Strong results could lift AMD stock higher. AMD itself reports on April 28.

Source: IBD

[behappyalways]

Chip maker had avoided rescinding annual forecast as many other companies have done due to COVID-19, but admits in first-quarter earnings that there is a new low end of sales possibilities
https://www.marketwatch.com/story/amd-e ... ck_seemore

[winston]

not vested

Advanced Micro Devices: Immense Challenges Ahead

by Paulo Santos

Summary

AMD hasn't been this healthy in many years.

However, many large challenges are now emerging.

These challenges will grow ever more intense over the next 1.5 years and beyond.

1. Intel Counterattacks
2. ARM-Based Solutions Will Start Stealing Server Workloads
3. Apple Will Start Leaving x86 In 2021
4. Apple Will Likely Also Start Using Its Own GPUs
5. Intel Is Entering The GPU Market
6. FPGA/ASIC Solutions Are Set To Take Away Some AI Server Workloads Away From GPUs

Between now and 2021, AMD is still likely to expand its GPU server market share, its CPU PC/server/laptop market share, and it will also see the launch of a new console generation.

But many of the changes highlighted are structural.

Simply put, the markets AMD (and Intel, and Nvidia) sells into are going to turn structurally less interesting due to the incoming surge in competition.

Source: Seeking Alpha

https://seekingalpha.com/article/434232 ... ent=link-3

[winston]

not vested

This Stock’s Rally Is Far From Over

by Matt McCall

Advanced Micro Devices’ chips are being used in some of the big-name consoles, including Sony’s (NYSE:SNE) upcoming PlayStation 5 and Microsoft’s (NASDAQ:MSFT) Xbox.

Advanced Micro Devices has a two-year production lead over Intel.

AMD to steal roughly 30% of INTC's market share over the next two-to-three years. In four-to-five years Lipacis says that figure could grow to 50%.

Source: Investor Place

https://dailytradealert.com/2020/09/21/ ... from-over/

[winston]

not vested

AMD's Rapid Growth in This Market Is Here to Stay

The chipmaker has the upper hand over Intel in notebook processors, which have greater growth potential in the coming years.

by Harsh Chauhan

Mercury Research estimates that AMD held 19.2% of the desktop CPU market at the end of the second quarter of 2020.

Mercury Research points out that AMD's notebook processor market share stood at 19.9% at the end of the second quarter.

Notebook processors account for almost two-thirds of the market for consumer processors.

AMD is about to release processors based on the next-generation Zen 3 architecture soon.

The new processors are expected to be around 20% more capable than the company's current offerings, and have faster clock speeds and improved efficiency.

Source: Motley Fool

https://www.fool.com/investing/2020/09/ ... e-to-stay/

[winston]

not vested

AMD Inc (US: AMD) 5-wave primary phase has been completed and the stock is looking at a 3-
wave correction in which potential wave A has been completed.

The bullish upside is anticipated for wave B and based on recent price action, there will be a slight upside to test the upper bound of the resistance zone:

Source: Phillips

http://internetfileserver.phillip.com.s ... 200922.pdf