This is a news story, published by MSN, that relates primarily to AMD news.
For more software applications news, you can click here:
more software applications newsFor more news from MSN, you can click here:
more news from MSNOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like software applications news, you might also like this article about
AMD. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest positions AMD news, AI chip sales news, software applications news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
flagship MI300 AI acceleratorInvesting.com
•76% Informative
Advanced Micro Devices (NASDAQ: AMD ) is set to report its second-quarter financial results after the market closes today .
Analysts expect AMD to report $5.73 billion in revenue and earnings per share of 68 cents .
The data center segment is anticipated to be a key driver, building on the impressive 80% growth seen in the previous quarter .
AMD 's fortunes have been closely tied to the AI megatrend.
Despite the positive outlook, AMD 's stock price has faced challenges due to broader market volatility.
AMD needs to rise to the $ 160 range in the short term to regain upward momentum.
This would negate bearish signals and suggest a return to the uptrend.
This could trigger an upward move towards $ 190 and potentially $ 220 .
If AMD remains below $ 160 , it is likely to continue forming higher lows amidst current volatility.
VR Score
79
Informative language
82
Neutral language
7
Article tone
formal
Language
English
Language complexity
49
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
Affiliate links
no affiliate links