![]() ![]() The current price is bruising the 50EMA, hinting at a slight drop. AMD stock price action had a golden crossover in March 2023, gaining nearly 61%. ![]() When ascending 200EMA is crossed by climbing 50EMA from below, it creates a golden crossover and foreshadows a bullish trend. AMD Stock Rallying Hard After Golden Crossover (NASDAQ: NVDA) at $446.80, AMD stock nearly tripled in value. The 40 analysts offering 12-month price forecasts for Advanced Micro Devices Inc have a median target of 145.00, with a high estimate of. SE Semiconductor Index descended by 3.5% on the same day. On August 3rd, 2023, NASDAQ fell 2.1%, the second worst day of 2023. Due to the reduction in Fitch Ratings, semiconductor-led tech companies need help. The subsequent earnings will be reported on October 31, 2023, where revenue shall be $5.707 Billion, while earnings are estimated to be $0.684.Īnalysts expect the sales for Q3 2023 to be around $5.7 Billion and attributed the weaker PC market to the drop of 54% in Q2 revenue in its client segment. The company had revenue of 5.36 billion for the quarter, compared to analyst estimates of 5.32 billion. ![]() The semiconductor manufacturer reported 0.58 earnings per share for the quarter, beating analysts' consensus estimates of 0.57 by 0.01. As a result, AMD stock price fell 8.30% around August 1, 2023. Real time Advanced Micro Devices (AMD) stock price quote, stock graph, news & analysis. Advanced Micro Devices last released its quarterly earnings results on August 1st, 2023. Maybe investors weren’t happy with the report. At the same time, the reported earnings of $0.58 surpassed the estimated value of $0.574 by 1.02%.Ĭompared to the previous quarter, EPS fell by 44.76%. Compared to the previous quarter, revenue fell by 18.18%. AMD reported its last earnings on August 1st, 2023, where the reported revenue of $5.359 Billion exceeded the expected value of $5.319 Billion by 0.75%. ![]()
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