AMD's Q2 Earnings: 9 Analysts Remain Positive On Long-Term Prospects, AI Optimism Tempered By Cost Concerns
AMD(AMD) Benzinga·2024-08-01 02:26
Advanced Micro Devices, Inc. AMD saw its shares surge in its stock price following its second-quarter earnings report, which exceeded expectations.The semiconductor giant reported earnings of 0.68, and sales of 5.724 billion forecast. Here's how analysts from top firms reacted to AMD's latest performance.BofA Securities: Cautious Optimism Amidst Rising CostsBofA Securities analyst Vivek Arya maintains a Buy rating but ...