News Formal

Most analysts are sticking with AMD even after 'partly cloudy' fourth-quarter earnings

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Analysts have mixed opinions on AMD's outlook, after the company released its fourth-quarter earnings on Tuesday.

AMD has released its latest quarterly results, and most analysts liked what they saw. The chipmaker reported Tuesday after th e bell earnings per share of 69 cents on revenue of $5.6 billion . Analysts expected a profit of 67 cents per share on revenue of $5.5 billion. AMD shares popped about 3%. However, the semiconductor manufacturer also announced a likelihood of a 10% decline in year-over-year sales for the current quarter, putting a slight overhang on some analyst outlooks for this year.

"While we expect the competitive landscape in PC and the near-term correction in Data Center to potentially weigh on investor sentiment, we remain constructive on the stock given our expectation for significant market share expansion in server CPU and the potential for margin improvement in 2H23/2024 driven by higher volumes and better mix vs. 1H23 - both idiosyncratic in nature," Hari wrote in a client note on Wednesday.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Stock Market News: Boeing delivers last 747, stocks lower on Tuesday, AMD reports todayThe Boeing company is delivering last 747 jumbo jet to Atlas Air as stocks open lower on Wall Street
ソース: FoxBusiness - 🏆 458. / 53 続きを読む »

The Computer Chip Wars: How AMD Ended Intel's Market DominanceWatch: When you think of computer chips, you probably think of Intel. But in 2022, the company gave up its top spot in market value to a rival: AMD. We explain why.
ソース: WSJ - 🏆 98. / 63 続きを読む »