AMD’s stock looks like a winner
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At the same time, the company predicts it could generate over $20 in adjusted earnings per share (EPS) in the coming years. That would be a fivefold increase from the roughly $4 in adjusted EPS it is expected to produce this year. If AMD can hit those targets, its stock should have solid upside in the coming years.
AMD is reportedly preparing to raise prices on its graphics cards across the board. As VideoCardz reports, posts on the Chinese Board Channel forum suggest that AMD has made it clear internally that it will be adjusting GPU pricing on all models, although the specific timing and amount have yet to be confirmed.
According to AMD vice president Jack Huynh, the new tech will "premiere" on December 10th, even though some of it can be seen in the latest Call of Duty already.
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AMD, ARM, INTC, NVDA: Chip stock prices are falling across the board today. Here’s the reason why
Chipmakers including Nvidia and Intel are down along with much of the stock market Tuesday, as fears of an AI bubble grow.
Advanced Micro Devices , Cisco Systems and Saudi Arabian artificial intelligence startup Humain are forming a joint venture to build data centers in the Middle East and have landed their first customer,
Fans of AMD’s GPUs, which are typically more cost-effective than those made by Nvidia, might be in for some sticker shock in the near future. Team Red is likely to start raising the price of its goods. And unfortunately, there’s a chance this will affect more than just your graphics card.
Rising memory prices are putting serious pressure on GPU makers, and the budget graphics-card segment may be the first casualty. AMD and Nvidia are reportedly considering cuts that could reshape the entry-level market.
Shares of Advanced Micro Devices (NASDAQ:AMD) lost 4.27% over the past month after soaring 46.01% the month prior. The chipmaker stock’s strong performance of late has brought its year-to-date gain to 90.
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Market Recap: Tech Strength Drives Nasdaq as All Eyes Turn to Earnings From Palantir, Uber, and AMD
Tech strength drives the Nasdaq. Semis pop. A major consumer deal hits the tape. EV sales cool. Earnings on deck include Palantir, AMD, McDonald’s, Uber, Spotify, Pfizer, and more. Plus the latest on policy,
CoreWeave stock was gaining alongside AMD, Super Micro and a number of other companies as Nvidia relieved concerns over the artificial-intelligence trade.
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