|Bid||52.15 x 4000|
|Ask||52.22 x 2900|
|Day's range||51.76 - 52.42|
|52-week range||34.25 - 57.60|
|PE ratio (TTM)||22.65|
|Earnings date||26 Jul 2018|
|Forward dividend & yield||1.20 (2.31%)|
|1y target est||58.87|
Advanced Micro Devices (AMD) launched its first-generation 14-nm Ryzen CPUs (central processing unit) in Q2 2017, which helped it take some market share from Intel (INTC). Its CPU stock crossed 20% in Q3 2017 as its Ryzen Threadripper helped it gain share in the high-end CPU market. However, Intel launched its eighth-generation Coffee Lake processor in Q4 2017 and regained some of the market share it lost to AMD.
Intel (INTC) intends to buy 19-year old Santa Clara, CA-based eASIC in a bid to move beyond providing CPUs and explore customized ASIC chip market.
Other analysts are bullish on AMD over its increasing competitiveness with its stronger rival Intel (INTC). Intel and AMD operate in a duopoly market where one’s loss is other’s gain. The two stocks are moving in opposite directions as AMD is gaining market share from Intel in the server and PC CPU market.
Market anticipates technology sector to be least affected by the Trump administration's intended second round of tariffs worth $200 billion on Chinese imports.
Here are some stories from the world of tech today: DoJ still looking to break AT&T-Time Warner It seems AT&T’s (T) acquisition of Time Warner, completed last month, may have another challenge: The U.S. Department of Justice plans to appeal the federal court judge’s approval of the $85 billion merger, according to CNBC’s Christine Wang, citing a court filing by the DoJ today. Shares of AT&T are down 47 cents, or 1.5%, at $31.76, in late trading. In an emailed statement this evening, David McAtee, AT&T's general counsel, said “the Court’s decision could hardly have been more thorough, fact-based, and well-reasoned.
Advanced Micro Devices (AMD) has proved itself to be a phoenix that rose from near bankruptcy to become a worthy competitor of Intel (INTC) and NVIDIA (NVDA) in less than five years. At Cowen Technology’s Media & Telecom Conference, AMD’s chief technology officer, Mark Papermaster, talked about the company’s technology strategy to enter the high-performance computing market. A major breakthrough for AMD was the transition to the FinFET (fin-shaped field effect transistor) technology that helped it significantly reduce the process technology gap with its key rival Intel.
Tech stocks were back in favor Thursday after the Nasdaq composite suffered a mild distribution day Wednesday, falling 0.6% in higher volume.
Advanced Micro Devices (AMD) stock rallied significantly in June, reaching its 12-year high of $17.3. The stock’s rally comes as investors become increasingly confident in the company’s earnings potential. The stock is currently trading above $15, which is higher than its median price target of $13.5. This has raised the question of whether the stock’s recent rally has changed its fundamental valuation.
June was a strong month for Advanced Micro Devices (AMD), Intel (INTC), and Nvidia (NVDA), with the three stocks reaching their peaks and then seeing corrections. To understand the trend of such price movements, let’s look at moving averages, which take the average of a stock’s prices over a certain period to understand in which direction its movement is skewed. A stock’s 200-day moving average shows its resistance when its price is below this average and its support when its price is above this average.
Semiconductor stocks were battered by market volatility earlier this year, but the industry has made a strong recovery, and secular trends like the Internet of Things and artificial intelligence present exciting growth opportunities. Check out these Zacks Rank #1 (Strong Buy) semiconductor stocks right now!
The top stories for Intel (INTC) stock are related to recent analyst downgrades, updates on its CEO search, a strengthening relationship with Baidu (BIDU) and the possibility of an iPhone loss.
Trade tensions and fear of investing restrictions hit semiconductor stocks last month and caused ON Semiconductor to give up much of its May post-earnings gains.
What Should Investors Expect from AMD’s Q2 2018 Earnings? This growth momentum and the increasing adoption of AMD’s products in the server and PC markets have restored investors’ confidence in the stock. On the other hand, Nvidia (NVDA) stock rose 2.3%, whereas Intel (INTC) stock fell 4.5% during the quarter as the abrupt resignation of its CEO on June 21 sent it spiraling down.
The last time we checked in with DnB, it had sold more than half of its investment in Intel. Norway’s largest and oldest private financial institution (established 1822) slashed its holdings in Intel (INTC) to 1.7 million shares from 3.8 million shares in the first quarter. DnB seemed to have a rethink in the second quarter, however, buying 537,300 more shares of the chip giant and raising its investment to 2.3 million shares as of June 30.
Advanced Micro Devices (AMD) has been reporting losses for the past five years, but it managed to pull out of the slump and report a profit in 2017. In 2018, AMD’s management is focused on generating higher earnings from its investments by focusing on high-end products that generate higher margins. This move from losses to profits has improved AMD’s returns. Investors look at a company’s efficiency ratios to understand its management’s efficiency in delivering higher returns from lower investments.
Advanced Micro Devices (AMD) has so far been operating in the low- and mid-range PC and server processor markets, and because of this, it has lower margins than its rivals Intel (INTC) and Nvidia (NVDA). Now, AMD is heading for the high-end markets and moving toward smaller manufacturing nodes.
Although Intel (INTC) is still a leader in traditional computing, it’s struggling to compete in the emerging markets of AI, automotive, and 5G. In order to accelerate its progress in these areas, the company made two major acquisitions—Altera and Mobileye—over the past few years.
Advanced Micro Devices’ (AMD) top line growth is being driven by strong demand from data centers. It plans to increase its bottom line by focusing on the high-end CPU (central processing unit) and GPU (graphics processing unit) markets, which have long been monopolized by Intel (INTC) and Nvidia (NVDA) because of their technological advantages.
Intel (INTC) is the largest R&D (research and development) spender in the semiconductor industry. The company has a higher operating expense ratio of 32.4% compared to Advanced Micro Devices’ (AMD) 27.0% and NVIDIA’s (NVDA) 20.2%. Intel’s EPS growth is slower than its rivals. Intel’s EPS rose 28.0% YoY (year-over-year) to $3.46 in fiscal 2017 and is expected to grow 15.6% YoY to $4.00 in fiscal 2018.