AMD May 2024 140.000 call
| Previous close | 21.00 |
| Open | 21.95 |
| Bid | 19.30 |
| Ask | 21.95 |
| Strike | 140.00 |
| Expiry date | 2024-05-10 |
| Day's range | 20.60 - 21.95 |
| Contract range | N/A |
| Volume | |
| Open interest | 236 |
- Yahoo Finance Video
AMD stock drops after reporting slim Q1 earnings beat
Advanced Micro Devices (AMD) shares pull back further after Tuesday's market close as the chip company posts a narrow first-quarter earnings beat: $5.5 billion in revenue against expectations of $5.45 billion, adjusted earnings of $0.62 per share against expectations of $0.61. Yahoo Finance's Julie Hyman and Josh Lipton break down the chip giant's quarterly results, highlighting the company's second-quarter guidance and CEO Lisa Su's comments on growth in particular segments such as data centers. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
- Reuters
UPDATE 1-Chipmaker AMD narrowly beats first-quarter revenue estimates
Advanced Micro Devices beat first-quarter revenue estimates by a small margin on Tuesday as tepid demand for semiconductors used in traditional data centers added to weakness in the market for gaming chips. Enterprises rushing to adopt generative AI have prioritized spending on AI server chips, hitting demand for traditional server semiconductors, which constitute a large portion of AMD's revenue.
Investor's Business DailyChipmaker AMD Delivers In-Line Q1 Earnings Report But Outlook Beats Views
Chipmaker Advanced Micro Devices matched Wall Street's earnings target for the first quarter but sales were a tad light.
