AMD's recovery is getting too good for investors to ignore.Stocks across tech have declined over the last month, as recent economic reports have made Wall Street fearful of a looming recession. A new jobs report revealed the U.S. labor market added 114,000 jobs in July, significantly lower than expected and the 179,000 reported in June. The figures caused a sell-off in the stock market, with tech companies experiencing some of the worst declines.However, history suggests a sell-off isn't a time to panic, bu ...

The stock market barely budged after July’s cool inflation print on Wednesday. The Nasdaq got stuck below its 21-day moving average, which could provide near-term resistance following the rapid rebound off the tech-heavy index’s 200-day.Some Wall Street traders are calling for choppiness over the next few months heading into the presidential election. The stock market might also experience more near-term selling amid increased volatility, coupled with the fact that many tech stocks are up well over 20% YTD. ...

The recent stock market dip could be a golden opportunity for investors to load up on artificial intelligence (AI) stocks.The S&P 500 had a dream run in the first half of this year, surging 15% with almost no volatility. But it has declined by 5.7% since peaking in July as investors digest weak economic data combined with a currency shock in the Japanese yen.History suggests the S&P 500 always climbs to new highs given enough time, so this correction is likely a buying opportunity. In fact, this might be a ...

The share price of Advanced Micro Devices (NASDAQ: AMD) is experiencing bearish sentiment in the short term, with technical indicators pointing to possible further losses ahead.Interestingly, AMD closed the August 14 trading session with a modest drop of almost 0.3%, trading at $140. The equity has traded in the red in recent months, plunging over 20% in the last six months. However, the stock attempted to recover on the weekly chart, gaining over 6%.AMD one-day stock price chart. Source: Google Finance Imp ...

Javier Lizarazo Guerra Investment Thesis While a later analysis, I wanted to take some time to dive into the Advanced Micro Devices, Inc. (NASDAQ:AMD) quarter (especially now since the stock has sold off since earnings). In short, the quarter was impressive, but this article is more than just a quarterly analysis. This article is here to show that I think the company has reached an inflection point. The AI chip innovator delivered an impressive performance in 2Q 2024 with revenue growth that exceeded Wa ...

With the artificial intelligence (AI) story still heating up, buy semiconductor stocks on the cheap. For one, after a massive tech pullback, many are now dirt cheap, including Nvidia (NASDAQ:NVDA), which is just starting to regain lost momentum. Two, with the AI boom heating up, Precedence Research says the semiconductor global market could be worth about $1.13 trillion by 2033 from $544.8 billion in 2023.Three, many of the top semiconductor companies are posting incredible sales growth. Taiwan Semiconducto ...

Advanced Micro Devices (NASDAQ:AMD) has been living in the shadow of its larger rival, Nvidia (NASDAQ:NVDA), for quite some time now. In less than a year, AMD has gone from being seen as a peer to Nvidia to more of a “Nvidia-lite” in the eyes of many investors. The stock tends to move in tandem with Nvidia and the broader semiconductor sector, rising and falling with the tides of the notoriously cyclical chip industry.At this point, I view AMD as a “show-me” stock. The company has a lot to prove if it wants ...

Advanced Micro Devices (NASDAQ:AMD) stock is a buy after its second quarter (Q2) 2024 earnings. The company posted strong financial results, surpassing revenue expectations. The driving force was its record Data Center segment revenue and accelerated AI growth. Moreover, its Data Center segment revenue hit a record, driven by solid demand for Instinct GPUs and EPYC CPUs. The primary growth driver was client segment revenue boosted by Ryzen processors. Certainly, AMD has a lead in AI and data center solution ...

After a recent pullback in the broader technology sector left a dent in Advanced Micro Devices (NASDAQ: AMD) stock, analysts believe that data centers and client segments will help the chipmaker carve out its piece of artificial intelligence (AI) pie and recover the losses it endured.This notion is supported by the semiconductor company’s recent strong Q2 earnings report on July 30. The report revealed that revenue increased by 9% compared to the previous year, reaching $5.84 billion and surpassing analysts ...

公司投资评级 - 维持"持有"评级，目标价为161.09美元，预计升幅为18.17% [1][5][6] 报告的核心观点 - 报告关注超微半导体（AMD.O）在AI算力板块的持续上升，特别是在数据中心部门的强劲增长和AI需求的快速增长 [1][3][6] 2024Q2业绩摘要 - 2024Q2季度营收达到58.35亿美元，同比增长8.88%，净利润为2.65亿美元，同比增长881%，环比增长115% [2] - 毛利润为28.64亿美元，同比增长17%，环比增长12%，营业利润为2.69亿美元，同比大增1445%，环比大增647% [2] AI需求持续上升 - 数据中心部门营收主力，同比增长115%，主要由Instinct MI300 GPU出货量急剧上升和EPYC CPU销售额强劲增长推动 [3] - 客户端部门的收入增长近50%，推动了营收进一步增长 [3] - 预计第三季度营收约为67亿美元，高出华尔街预期收入66.1亿美元 [3] 主要股东 - The Vanguard Group持有8.9%，BlackRock, Inc.持有7.8% [4] 公司深度报告 - 紧盯AI前沿技术，打造综合数据中心平台，考虑MI300系列对营收的积极贡献，给予目标价为161.09美元/股，对应PS为8.49倍 [6] 财务预测 - 2024年营业收入预计为254.76亿美元，增速为12.33%，净利润为26.01亿美元，增速为204.53% [7][22] - 2025年营业收入预计为326.88亿美元，增速为28.31%，净利润为58.58亿美元，增速为125.26% [7][22] 经营利润和利润率 - 2024Q2经营利润为12.6亿美元，同比增长18%，营业利润率为22% [12] - GAAP净利润为2.6亿美元，Non-GAAP净利润为11.3亿美元，同比增长18.8% [12] CPU和GPU业务 - 超大规模企业开始部署第四代EPYC CPU，云端需求强劲，AMD解决方案逐步取代现有产品 [12] - 数据中心GPU收入连续第三个季度创纪录，MI300 GPU季度营收首次超过10亿美元 [12] AIPC个人电脑 - 推出Ryzen AI 300系列，扩展了CPU和GPU性能，新的NPU提供50项顶尖的AI运算效能 [13] AI软件布局 - 斥资约6.65亿美元现金收购芬兰人工智能初创公司Silo AI，以完善AI整体布局 [14] 竞争优势 - 产品线定位准确，MI300系列持续创造营收，有望创造40亿美元的营收 [15] - 建立起一定的客户群，如Microsoft，Meta，Oracle等大客户 [15] - AI浪潮推动下的终端市场发展，推动了AMD PC产品线的增长和AI服务器、数据中心的需求 [15]