AMD Reports Second Quarter 2022 Financial Results

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Go back to AMD Reports Second Quarter 2022 Financial Results

New Street Research Reiterates Sell Rating on AMD (AMD), 'With the console cycle also slowing, expectations are at risk'

August 3, 2022 10:10 AM EDT

New Street Research analyst Pierre Ferragu reiterated a Sell rating and $80.00 price target on AMD (NASDAQ: AMD).

The analyst comments "AMD has won the right to be a sustainable challenger to Intel but should see market share momentum plateauing this year... More

Advanced Micro Devices, Inc. (AMD) Tops Q2 EPS by 2c, Offers Guidance

August 2, 2022 4:07 PM EDT

Advanced Micro Devices, Inc. (NASDAQ: AMD) reported Q2 EPS of $1.05, $0.02 better than the analyst estimate of $1.03. Revenue for the quarter came in at $6.6 billion versus the consensus estimate of $6.53 billion.

GUIDANCE:

Advanced Micro Devices, Inc. sees Q3 2022 revenue of... More