AMD reported better-than-expected Q2 2026 earnings driven by its Data Center segment, now 58% of revenue, with strong growth and AI partnerships boosting outlook for H2 2026. Gross margin rose to 56% and operating margin to 27%, improving cash flow and net cash to about $10 billion. Despite these positives, AMD stock fell about 9% after hours, prompting a downgrade from 'Strong Buy' to 'Buy' due to a less attractive risk/reward profile and a fair value estimate of $581 with a 5-year target of $1040.
AMD's stock fell 8.2% in premarket trading despite reporting second-quarter revenue of $11.54 billion, beating analyst expectations of $11.28 billion. The company's growth was driven by a 107% increase in data center sales, fueled by CPU and GPU dema...
AMD reported $11.5 billion in revenue, up 50% year-on-year, beating expectations with strong data center growth doubling to $6.7 billion. However, shares dropped nearly 9% as investors worry about AMD's dependence on a small group of major AI clients...
The Direxion Daily Semiconductor Bull 3X Shares (SOXL) ETF gained 460.92% over the past year, far exceeding the 126.59% rise of its underlying semiconductor index due to daily compounding in a trending market. However, recent volatility showed the ri...
Advanced Micro Devices (AMD) reported strong Q2 results with revenues up 50% and earnings per share rising nearly 250% year-over-year, driven mainly by a 107% growth in its data center segment. Despite this robust performance, AMD still trails NVIDIA...
Advanced Micro Devices (AMD) reported second-quarter earnings that exceeded expectations with adjusted EPS of $1.66 and revenue of $11.54 billion, driven mainly by a 107% surge in Data Center sales to $6.7 billion. Despite the strong results, AMD's s...
