Why Is Advanced Micro (AMD) Up 1.3% Since Last Earnings Report?
AMDAMD(AMD) ZACKS·2024-08-30 00:38

It has been about a month since the last earnings report for Advanced Micro Devices (AMD) . Shares have added about 1.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Advanced Micro due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. AMD Q2 Earnings Beat Estimates, ...