|Bid||16.26 x 1800|
|Ask||16.30 x 1300|
|Day's Range||16.22 - 16.69|
|52 Week Range||9.04 - 17.34|
|PE Ratio (TTM)||107.04|
|Earnings Date||Jul 23, 2018 - Jul 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.58|
Bluefin Research recently returned from a trip to Asia to survey demand in the semiconductor industry. Analyst Paul Peterson expects suppliers to beat Wall Street estimates in the coming earnings season and announce roughly in-line guidance.
Semiconductor stocks have been hot this year — sometimes unreasonably so. Since hitting a high north of $45 back in late January, TSM stock has been the dog of the semiconductor sector. The shares are down more than 20% during this period, compared to rallies in a majority of Taiwan Semi’s competitors, including Advanced Micro Devices (NASDAQ:AMD) and Micron (NASDAQ:MU).
Here are some things going on today in the world of tech: Two more analysts have downgraded Broadcom (AVGO) on its proposed acquisition of CA (CA), sending the stock down $2.18, or 1%, to $207.80. One persistent worry for GPUs has been the ebbs and flows of the cryptocurrency market, but "gamer demand also appears relatively muted,” writes Peterson.
Advanced Micro Devices (AMD) launched its first-generation 14-nm Ryzen CPUs (central processing unit) in Q2 2017, which helped it take some market share from Intel (INTC). Its CPU stock crossed 20% in Q3 2017 as its Ryzen Threadripper helped it gain share in the high-end CPU market. However, Intel launched its eighth-generation Coffee Lake processor in Q4 2017 and regained some of the market share it lost to AMD.
Advanced Micro Devices (AMD) is using Infinity Fabric to leverage its Zen cores across low, mid, and high-end PC and server CPUs (central processing units). An example of this is Ryzen Threadripper, which came as a surprise to the Ryzen product suite. Threadripper’s architecture is similar to that of EPYC server CPU with some inactive cores and lesser memory.
Other analysts are bullish on AMD over its increasing competitiveness with its stronger rival Intel (INTC). Intel and AMD operate in a duopoly market where one’s loss is other’s gain. The two stocks are moving in opposite directions as AMD is gaining market share from Intel in the server and PC CPU market.
Moore’s Law, in which every node shrink improves performance and efficiency, is slowing, and the growing demand for efficiency and performance has called for the need to go beyond Moore’s Law. Advanced Micro Devices (AMD) and Intel (INTC) are doing so using heterogeneous computing. AMD uses Infinity Fabric technology that interconnects its CPUs (central processing units), GPUs (graphics processing units), I/O (input/output) path, and memory.
Some Wall Street analysts are bearish on Advanced Micro Devices (AMD) due to the end of the cryptocurrency boom. However, some analysts have become bullish on AMD because of its developments in the server space.
Advanced Micro Devices (AMD) is moving fast on its product and process technology ramp. It has started volume production of its Zen Plus PC processors on Global Foundries’ 12-nm (nanometer) node and is set to start volume production on 7-nm nodes in 2019. At the JPMorgan Global Technology, Media, and Communications Conference, AMD’s chief executive officer, Lisa Su, stated that unlike the 14-nm node, which started with PCs and then server processors, the seven-nm node would start with server processors and then move to PCs.
SANTA CLARA, Calif., July 12, 2018-- AMD today announced key promotions that extend senior-level focus on company growth. AMD named“ Zen” chief architect Mike Clark an AMD corporate fellow; promoted Darren ...
Advanced Micro Devices (AMD) has proved itself to be a phoenix that rose from near bankruptcy to become a worthy competitor of Intel (INTC) and NVIDIA (NVDA) in less than five years. At Cowen Technology’s Media & Telecom Conference, AMD’s chief technology officer, Mark Papermaster, talked about the company’s technology strategy to enter the high-performance computing market. A major breakthrough for AMD was the transition to the FinFET (fin-shaped field effect transistor) technology that helped it significantly reduce the process technology gap with its key rival Intel.
Less than two weeks out from earnings, Advanced Micro Devices, Inc. (NASDAQ:AMD) sits in an interesting spot. AMD stock sits not far from its highest levels in a decade. Rather, investors simply seem more optimistic toward the company, particularly newer lines like Ryzen and EPYC.
Of the 29 analysts monitoring AMD, 11 and 13 have “buy” and “hold” recommendations on the stock, respectively, while five, including Morgan Stanley and Bernstein, have “sell” recommendations. According to a MarketWatch article, Morgan Stanley analyst Joseph Moore retained an “underperform” rating on AMD but raised the stock’s price target from $8 to $11, representing a downside of 29% from its current trading price. Moore acknowledged AMD’s opportunity in the server CPU space but stated that revenue gains in this market would not be able to offset cryptocurrency losses in the intermediate term.
Advanced Micro Devices (AMD) stock rallied significantly in June, reaching its 12-year high of $17.3. The stock’s rally comes as investors become increasingly confident in the company’s earnings potential. The stock is currently trading above $15, which is higher than its median price target of $13.5. This has raised the question of whether the stock’s recent rally has changed its fundamental valuation.
It was American Airlines Group (NASDAQ:AAL) that took the biggest bite out of the market though. Ask ten Comcast Corporation investors whether or not they want the company to actually get into a bidding war with Walt Disney (NYSE:DIS) to acquire Twenty-First Century Fox (NASDAQ:FOXA), and you’ll likely get 10 different answers.
June was a strong month for Advanced Micro Devices (AMD), Intel (INTC), and Nvidia (NVDA), with the three stocks reaching their peaks and then seeing corrections. To understand the trend of such price movements, let’s look at moving averages, which take the average of a stock’s prices over a certain period to understand in which direction its movement is skewed. A stock’s 200-day moving average shows its resistance when its price is below this average and its support when its price is above this average.
The trading action in Advanced Micro Devices, Inc. (NASDAQ:AMD) ahead of its quarterly earnings report is almost predictable. Conversely, if AMD stock does not trade higher in the weeks before quarterly results, it has a chance of rallying on any mildly good news. GlobalFoundries is moving its manufacturing to 7 nanometer, while Intel struggles with its 10nm process.
Sean O’Hara, president of Pacer ETFs Distributors says chipmaking companies are the future of the technology sector over companies like Facebook and Google. Sean O’Hara, president of Pacer ETFs Distributors, says chipmaking companies are the future of the technology sector over giants like Facebook FB and Google GOOGL . O’Hara says Pacer ETFs is overweight on information technology, but not traditional tech, such as companies like Netflix NFLX or Apple AAPL .
What Should Investors Expect from AMD’s Q2 2018 Earnings? This growth momentum and the increasing adoption of AMD’s products in the server and PC markets have restored investors’ confidence in the stock. On the other hand, Nvidia (NVDA) stock rose 2.3%, whereas Intel (INTC) stock fell 4.5% during the quarter as the abrupt resignation of its CEO on June 21 sent it spiraling down.
Nvidia, Advanced Micro Devices and Broadcom were among those falling more than 1 percent in premarket trading. Semiconductors may be the sector most affected by rising trade tensions. Chipmakers dominate a Goldman Sachs list of companies with the highest revenue exposure to China.
Advanced Micro Devices (AMD) is the only company with both CPU (central processing unit) and GPU (graphics processing unit) technology. It’s leveraging its unique position to offer semi-custom APUs (accelerated processing unit) for servers, embedded devices, and consoles.
Advanced Micro Devices (AMD) is improving its profit margins by focusing on high-end products. The first signs of its improved margins were visible in its CG (Computing and Graphics) segment, which supplies CPUs (central processing unit) and GPUs (graphics processing unit) to desktops, notebooks, and workstations. The graph above shows that the second half is generally strong for CG driven by demand from back-to-school and holiday season sales.
Monthly Summary The IMX increased for the second month in a row, increasing 0.39 or 7.16 percent to 5.45 during the period. TD Ameritrade clients appeared to use volatility during the June IMX period to ...