UPDATE: AMD (AMD) PT Lowered to $115 at Susquehanna Citing PC Market Risks

Advanced Micro Devices, Inc. (AMD) 'Will Fare Much Better' Than Intel - Susquehanna

Ahead of Advanced Micro Devices' (NASDAQ: AMD) earnings report on Tuesday, August 2, Susquehanna analyst Christopher Rolland stated that despite Intel's challenged print, they believe "AMD will fare much better."

In a note to investors, Rolland said the firm remains bullish on AMD, maintaining a Positive rating on the stock but lowering the price target from $120 to... More

UPDATE: AMD (AMD) PT Lowered to $101 at Morgan Stanley, Cuts Estimates into Print, 'we see end-market risk'

(Updated - August 1, 2022 8:47 AM EDT)

Morgan Stanley analyst Joseph Moore lowered the price target on AMD (NASDAQ: AMD) to $101.00 (from $103.00) while maintaining a Overweight rating.

The analyst comments "AmD (OW, due to report Tuesday after the close): We are lowering our estimates into the print, as we see end-market risk, mainly in PCs, but the company should fare better than peers. We had hoped that AmD's server... More

AMD (AMD) Climbs Pre-Open, Up 2.5%

AMD (NASDAQ: AMD) Climbs Pre-Open, Up 2.5%

Advanced Micro Devices, Inc. (AMD) August weekly 94 straddle priced for a move of 9% into quarter results after the bell

Advanced Micro Devices, Inc. (NASDAQ: AMD) August weekly 94 straddle priced for a move of 9% into the expected release of quarter results after the bell on August 2.

Advanced Micro Devices, Inc. (AMD) weekly IV elevated into quarter results and outlook

Advanced Micro Devices, Inc. (NASDAQ: AMD) August weekly call option implied volatility is at 70, August is at 55; compared to its 52-week range of 35 to 73 into the expected release of quarter results after the bell on August 2.

Advanced Micro Devices, Inc. (AMD) Gains 0.9% early

Advanced Micro Devices, Inc. (NASDAQ: AMD) gains 0.9% off the open as it continues to benefit from Intel's woes.

'Unmitigated Disaster', 'Generational Miss', 'What Exactly the Bull Case is'... Analysts Destroy Intel, See More Downside

Shares of Intel Corp. (NASDAQ: INTC) are down almost 10% in premarket trading after the chipmaker reported Q2 earnings that missed analyst expectations and slashed its full-year outlook for adjusted revenue, EPS, and gross margin.

Intel reported Q2 adjusted EPS of 29c, significantly below the consensus projection of 69c per share. The company reported adjusted revenue of $15.32 billion, missing the consensus estimates of $17.96 billion.

The adjusted gross margin stood at 44.8%, short of the analyst consensus of 51%. The adjusted operating margin was reported at 9.2%, while analysts were looking for 18.7%.

Intel expects Q3... More

Advanced Micro Devices, Inc. (AMD) August weekly 92 straddle priced into quarter results

Advanced Micro Devices, Inc. (NASDAQ: AMD) August weekly 92 straddle priced for a move of 9% into the expected release of quarter results after the bell on August 2.

Advanced Micro Devices, Inc. (AMD) 30-day option implied volatility flat at 54 into expected release of quarter results next week

Advanced Micro Devices, Inc. (NASDAQ: AMD) 30-day option implied volatility is at 54; compared to its 52-week range of 35 to 73.

Semi Stocks Slip on Samsung's Warning of Softer Chip Demand

Samsung (OTC: SSNLF) issued a warning that it expects to witness weaker chip demand from smartphone and PC makers amid mounting fears of a recession.

Although the electronics giant sees a more resilient demand from server clients, it also warned that this business segment is not immune to macro headwinds.

Samsung reported its revenue soared 21% to 77.2... More