What to Expect From AMD's Q2 Results
Shares of Advanced Micro Devices (NASDAQ: AMD) have made a recovery after getting clobbered after the company's first-quarter report at the beginning of May, working their way back to slightly above where they were before that quarterly report was released. Potential market share gains against Intel and NVIDIA have improved investor confidence.
However, AMD's momentum will be put to the test when the company releases its fiscal second-quarter results on July 25, as investors will be looking for stronger second-half guidance. But will AMD deliver, or should investors prepare themselves for some surprises? Let's find out.
Image Source: AMD https://www.facebook.com/AMDIndia/photos/a.616163705118068.1073741827.602353899832382/1164525556948544/?type=1&theater
Source: Fool.com
Advanced Micro Devices Inc. Stock
The stock is an absolute favorite of our community with 70 Buy predictions and no Sell predictions.
With a target price of 176 € there is a slightly positive potential of 18.03% for Advanced Micro Devices Inc. compared to the current price of 149.12 €.
