Advanced Micro Devices Inc
AMD: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|&x | LOCK|rZ<Rh | LOCK|?JbY%<Q< |
AMD Earnings: Strong CPU Share Gains and AI Prospects; Raising Fair Value to $155 From $140
AMD reported second-quarter revenue of $7.7 billion, up 3% sequentially, up 32% year over year, and at the high end of guidance. AMD forecasts third quarter revenue of $8.7 billion, which would represent growth of 13% sequentially, 28% year over year, and ahead of FactSet Consensus estimates.
