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0.000915291269302319 -0.000885765744485974 0.000354306297794457 -0.0032478077297823 -0.0046945584457763 0.0219965159880718 0.00503941657562976 0.00503941657562976
Stock impact report

Intel Just Gifted AMD Its Strongest Buy Signal Yet [Seeking Alpha]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: Seeking Alpha
AMD's x86-based EPYC CPUs are further set for robust demand, accounting for 41.3% of the DC CPU market share & on track to achieve a 50% share target. Intel's commentary echoes recent industry updates and strongly positions AMD to benefit from robust demand, putting upward pressure on AMD's anticipated 73% DC growth rates this year. Consensus estimates likely underestimate AMD's DC revenue growth, with a potential upward revision and valuation multiple expansion expected. I remain Strong Bullish on AMD, viewing any post-earnings pullback as an attractive entry point amid underappreciated CPU tailwinds. JuSun/iStock via Getty Images Investment Thesis The countdown begins for Advanced Micro Devices, Inc. ( AMD ) to report its highly awaited Q1 earnings on May 5 next month. Markets widely anticipate a strong acceleration in its data center business, expecting 50% growth. This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares Show less Read more
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