{"id":96495,"date":"2020-10-24T01:48:00","date_gmt":"2020-10-23T22:48:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/amd-earnings-gain-expected-from-intels-pain-yet-again\/"},"modified":"2020-10-24T01:48:00","modified_gmt":"2020-10-23T22:48:00","slug":"amd-earnings-gain-expected-from-intels-pain-yet-again","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/amd-earnings-gain-expected-from-intels-pain-yet-again\/","title":{"rendered":"#\n  AMD earnings: Gain expected from Intel\u2019s pain yet again"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a420e82e1268\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a420e82e1268\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/amd-earnings-gain-expected-from-intels-pain-yet-again\/#After_so-so_earnings_and_weak_forecast_from_larger_rival_AMD_will_reveal_results_Tuesday\" >After so-so earnings and weak forecast from larger rival, AMD will reveal results Tuesday<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/amd-earnings-gain-expected-from-intels-pain-yet-again\/#AMD_Open_House_Celebration_at_their_Santa_Clara_headquarters\" >AMD Open House Celebration at their Santa Clara headquarters.<\/a><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/amd-earnings-gain-expected-from-intels-pain-yet-again\/#What_to_expect\" >What to expect<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/amd-earnings-gain-expected-from-intels-pain-yet-again\/#What_analysts_are_saying\" >What analysts are saying<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/amd-earnings-gain-expected-from-intels-pain-yet-again\/#Wallace_Witkowski\" >Wallace Witkowski<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  AMD earnings: Gain expected from Intel\u2019s pain yet again<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"After_so-so_earnings_and_weak_forecast_from_larger_rival_AMD_will_reveal_results_Tuesday\"><\/span>\n  After so-so earnings and weak forecast from larger rival, AMD will reveal results Tuesday<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000044690\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"inline\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          inline\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        renoImageFormat-\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:66.640625%;\" data-mobile-ratio=\"66.640625%\" data-layout-ratio=\"66.640625%\" data-subtype=\"\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-244604?width=140&amp;size=1.5005861664712778 140w,\nhttps:\/\/images.mktw.net\/im-244604?width=540&amp;size=1.5005861664712778 540w,\nhttps:\/\/images.mktw.net\/im-244604?width=620&amp;size=1.5005861664712778 620w,\nhttps:\/\/images.mktw.net\/im-244604?width=700&amp;size=1.5005861664712778 700w,\nhttps:\/\/images.mktw.net\/im-244604?width=860&amp;size=1.5005861664712778 860w,\nhttps:\/\/images.mktw.net\/im-244604?width=1260&amp;size=1.5005861664712778 1260w\" sizes=\"(max-width: 140px) 100px,\n(max-width: 540px) 500px,\n(max-width: 620px) 580px,\n(max-width: 700px) 660px,\n(max-width: 860px) 820px,\n1260px\" src=\"https:\/\/images.mktw.net\/im-244604?width=620&amp;size=1.5005861664712778\" data-enlarge=\"https:\/\/images.mktw.net\/im-244604?width=1260&amp;size=1.5005861664712778\" alt=\"\" title=\"AMD Open House Celebration at their Santa Clara headquarters. \"><\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\">\n<h4 class=\"wsj-article-caption-content\"><span class=\"ez-toc-section\" id=\"AMD_Open_House_Celebration_at_their_Santa_Clara_headquarters\"><\/span>AMD Open House Celebration at their Santa Clara headquarters. <span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>      <span class=\"wsj-article-credit article__inset__image__caption__credit\" itemprop=\"creator\"><br \/>\n            Paul Sakuma Photography<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/div>\n<p>       Advanced Micro Devices Inc. is expected to repeat its story of gaining at the expense of larger rival Intel Corp.\u2019s woes when it reports earnings.<\/p>\n<p> AMD<br \/>\n        AMD,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/208144392\/composite\" class=\"positive\">+3.19%<\/bg-quote><br \/>\n       is scheduled to report earnings on Tuesday after the market closes. AMD follows on the heels of Intel Corp.\u2019s<br \/>\n        INTC,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203649727\/composite\" class=\"negative\">-10.57%<\/bg-quote><br \/>\n       results, which were met with concern and a more than 10% share drop Friday. <\/p>\n<div class=\"paywall\">\n       It\u2019s still unclear whether AMD plans to buy chipmaker Xilinx Inc.<br \/>\n        XLNX,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209389378\/composite\" class=\"positive\">+3.34%<\/bg-quote><br \/>\n       for an estimated $30 billion, following a report earlier in the month, although many analysts are skeptical of the deal. Still, AMD spent most of the quarter and beyond rolling out new products such as PC chips like the Zen 3.<\/p>\n<h6><span class=\"ez-toc-section\" id=\"What_to_expect\"><\/span>What to expect<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p><strong>Earnings:<\/strong> Of the 34 analysts surveyed by FactSet, AMD on average is expected to post adjusted earnings of 35 cents a share, up from the 31 cents a share expected at the beginning of the quarter. Estimize, a software platform that crowdsources estimates from hedge-fund executives, brokerages, buy-side analysts and others, calls for earnings of 37 cents a share.<\/p>\n<p><strong>Revenue: <\/strong>Back in July, AMD predicted third-quarter sales of $2.45 billion to $2.65 billion, while analysts on average had forecast revenue of $2.31 billion at the time. Now, 33 analysts, on average, expect revenue of $2.56 billion, up from the $1.8 billion reported in the year-ago quarter.  Estimize expects revenue of $2.59 billion.  <\/p>\n<p><strong>Stock movement: <\/strong>In the third quarter, AMD shares soared 55.8%, powered by Intel\u2019s announced delay of 7-nanometer chips. In comparison, the PHLX Semiconductor Index rose 12.4%, the S&amp;P 500 index<br \/>\n        SPX,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210599714\/realtime\" class=\"positive\">+0.34%<\/bg-quote><br \/>\n       gained 8.5%, and the tech-heavy Nasdaq Composite Index<br \/>\n        COMP,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598365\/realtime\" class=\"positive\">+0.36%<\/bg-quote><br \/>\n       rose 11%.<\/p>\n<h6><span class=\"ez-toc-section\" id=\"What_analysts_are_saying\"><\/span>What analysts are saying<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>Cowen analyst Matthew Ramsay, who has an outperform rating, said  he expects AMD\u2019s third-quarter results to \u201cmove higher on strong notebook and console sales offsetting weaker pre-Zen3 desktop, while steady server share gains sustain.\u201d <\/p>\n<p>Mizuho analyst Vijay Rakesh, who has a buy rating on AMD, said he expects AMD to gain more share from Intel in the enterprise and cloud markets, while expanding its hiring. <\/p>\n<p>B of A Securities analyst Vivek Arya, who has a buy rating on AMD, said that he expects a \u201csolid\u201d PC, gaming demand and data center recovery to power the company\u2019s results, with its upside only c<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ed by supply at  Taiwan Semiconductor Manufacturing Co.<br \/>\n        TSM,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/204359850\/composite\" class=\"positive\">+0.11%<\/bg-quote><span>,<\/span><br \/>\n       AMD\u2019s chip fabricator.<\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>Susquehanna Financial analyst Christopher Rolland, who has a positive rating on AMD, sees the company catching part of a PC and gaming surge in 2020 along with competitor Nvidia Corp.<br \/>\n        NVDA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200467500\/composite\" class=\"positive\">+1.71%<\/bg-quote>\n      <\/p>\n<p>Of the 39 analysts who cover AMD, 15 have buy or overweight ratings, 21 have hold ratings and three have sell ratings, with an average price target of $81.31, just below Friday\u2019s close of $81.96.<\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Wallace Witkowski\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Wallace_Witkowski\"><\/span>Wallace Witkowski<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener noreferrer\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21004575-02D4-D4B5-4572-DAE92141C02B%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# AMD earnings: Gain expected from Intel\u2019s pain yet again &#8221; After so-so earnings and weak forecast from larger rival, AMD will reveal results Tuesday AMD Open House Celebration at their Santa Clara headquarters. Paul Sakuma Photography Advanced Micro Devices Inc. is expected to repeat its story of gaining at the expense of larger rival&#8230;<\/p>\n","protected":false},"author":1,"featured_media":96496,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-96495","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/96495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=96495"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/96495\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/96496"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=96495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=96495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=96495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}