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Stockreport

How Will AMD's AI Business Fare In Q1? [Forbes]

Apple Inc. (AAPL)  More Company Research Source: Forbes
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
(NASDAQ : AMD) is expected to publish its Q1 FY'24 results toward the end of April, reporting on a quarter that is likely to see the company benefit from an improving PC market and higher demand for artificial intelligence chips. AMD has guided adjusted revenues of between $5.1 billion to $5.7 billion for the quarter, which could translate into a growth of as much as 7% compared to last year. The company has guided gross margins of 52% for the year, marking a 200 basis point increase compared to last year. AMD's performance over the early part of 2023 was mixed, with the PC industry undergoing a slump, as the tailwinds such as remote working and learning seen through Covid-19 eased. However, things are likely to pick up a bit in 2024. Over Q1 2024, total PC shipments rose 3.2% year-over-year to 57.2 million units, per Canalys. AMD's growth could be a bit better, as PC vendors worked through chip inventory that they built through the pandemic over the first few quarters of 2023. Thi [Read more]
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Stockreport

How Will AMD's AI Business Fare In Q1? [Forbes]

Apple Inc.  (AAPL) 
More Company Research Source: Forbes
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
(NASDAQ : AMD) is expected to publish its Q1 FY'24 results toward the end of April, reporting on a quarter that is likely to see the company benefit from an improving PC market and higher demand for artificial intelligence chips. AMD has guided adjusted revenues of between $5.1 billion to $5.7 billion for the quarter, which could translate into a growth of as much as 7% compared to last year. The company has guided gross margins of 52% for the year, marking a 200 basis point increase compared to last year. AMD's performance over the early part of 2023 was mixed, with the PC industry undergoing a slump, as the tailwinds such as remote working and learning seen through Covid-19 eased. However, things are likely to pick up a bit in 2024. Over Q1 2024, total PC shipments rose 3.2% year-over-year to 57.2 million units, per Canalys. AMD's growth could be a bit better, as PC vendors worked through chip inventory that they built through the pandemic over the first few quarters of 2023. Thi [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS