قالب وردپرس درنا توس
Home / Business / AMD shares were updated in Susquehanna after earnings

AMD shares were updated in Susquehanna after earnings



Susquehanna analyst Christopher Rolland updated shares of Advanced Micro Devices Inc. AMD,
-1.97%
on Wednesday after a positive neutral report after better-than-expected earnings management for Intel and INTC for Intel Corp.
-0.66%
admitted last week that it would have to delay the release of its 7-nanometer chips. “As stock shifts appear to be accelerating in AMD̵

7;s case and the competitive gap is widening, we can no longer patiently wait,” Rolland wrote in a note to clients. He expects AMD to see a 20% share of the server market by 2023, an increase from a single-digit share today, and a 35% share of laptops, an increase of about 20% today. “Overall, with a little luck, we will imagine more than $ 3 EPS in 2023 and a bullish case for almost $ 5 in 2025,” he wrote. Shares of AMD rose 11% in premarketing trades on Wednesday and gained 47% this year. S&P 500 SPX,
-0.64%
at that time decreased by 0.4% and the SOX index of the PHLX semiconductor index,
-2.10%
is 11%.


Source link