AMD results beat estimates on data center, server growth; shares climb [Reuters]
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: Reuters
AMD results beat estimates on data center, server growth; shares climb - Reuters 4 Min Read (Reuters) - U.S. chipmaker Advanced Micro Devices Inc beat Wall Street estimates for quarterly revenue and profit on Tuesday, selling more chips used in data centers and servers, and sending its shares up 6 percent in after-market trading. The results underscored AMD’s success in bolstering its data center and server sales with new launches in the Ryzen and EPYC line of chips for desktops and servers. In contrast, larger rival Intel Corp last week reported a drop in first-quarter data center sales as customers worked through stockpiles of chips bought last year against the backdrop of the U.S.-China trade war. AMD also forecast second-quarter revenue of about $1.52 billion, plus or minus $50 million, in line with analysts expectations. “AMD’s in-line results and guidance is very positive. Particularly compared with Intel’s poor guidance last week,” said Kevin Cassidy, an analyst with Stifel Nic
Show less
Read more
Impact Snapshot
Event Time:
AMD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AMD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AMD alerts
High impacting Advanced Micro Devices, Inc. news events
Weekly update
A roundup of the hottest topics
AMD
News
- Thinking about trading options or stock in Advanced Micro Devices, Equillium, Macy's, Alphabet, or Phillips 66?PR Newswire
- With 72% institutional ownership, Advanced Micro Devices, Inc. (NASDAQ:AMD) is a favorite amongst the big guns [Yahoo! Finance]Yahoo! Finance
- Global Micro Server IC Market Size To Worth USD 3.65 Billion By 2033 | CAGR 12.34% [Yahoo! Finance]Yahoo! Finance
- Thinking about trading options or stock in Palantir Technologies, Advanced Micro Devices., Apple, SoundHound AI, or Eastman Chemical?PR Newswire
- Here's Why Advanced Micro Devices (AMD) Fell More Than Broader Market [Yahoo! Finance]Yahoo! Finance
AMD
Earnings
- 1/30/24 - Beat
AMD
Sec Filings
- 3/25/24 - Form ARS
- 3/25/24 - Form DEFA14A
- 3/25/24 - Form DEF
- AMD's page on the SEC website