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-4.99718908114796E-05 0.00012492972702861 0.00043725404459987 0.000686488850021927 -0.00202011368605155 -0.00708976200886995 -0.00343556749328492 0.000687113498657091
Stock impact report

What's in Store for These 4 Technology Stocks in Q1 Earnings? [Yahoo! Finance]

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: Yahoo! Finance
The strong demand for generative AI chips required in large language models has been on the rise, which is expected to have continued benefiting the semiconductor companies in first-quarter 2024. The increasing adoption of machine learning (ML), Augmented Reality/Virtual Reality devices, quantum computing, and cloud computing is expected to bolster the performances of the technology companies. Strong demand for data centers, fueled by the need for increasing cloud capacity to support AI-related workloads, is anticipated to have acted as a tailwind. Rising PC shipments and signs of improvement in memory spending, especially in NAND and DRAM, are likely to have aided the technology stocks' performance in the to-be-reported quarter. The adverse effects of the ongoing war between Russia and Ukraine, macroeconomic headwinds, including persistent inflation, and unfavorable currency fluctuations are likely to have hurt the sector's prospects in the to-be-reported quarter. Insight Show less Read more
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