Why AMD Stock Is Rising Today
Why AMD Stock Is Rising Today
Advanced Micro Devices Inc (NASDAQ:AMD) shares are trading higher Thursday in sympathy with Broadcom Inc (NASDAQ:AVGO) after the company reported better-than-expected results and issued strong guidance.
Broadcom reported fiscal second-quarter revenue of $8.1 billion, which beat the estimate of $7.9 billion, according to data from Benzinga Pro. The company reported quarterly earnings of $9.07 per share, which beat the estimate of $8.70 per share.
Broadcom said it expects fiscal third-quarter revenue of approximately $8.4 billion versus the estimate of $8.01 billion.
Lenovo Group also said it was seeing easing supply shortages in its PC segment, which has helped lift the semiconductor sector. Supply chain issues have weighed on the industry this year, but a Shanghai reopening could soon provide a boost for the supply-chain outlook, as a gradual reopening is anticipated.
On Thursday morning, AMD announced the completion of its Pensando Systems acquisition, which is expected to expand the chipmaker's data center solutions capabilities. AMD also announced that Microsoft Corp (NASDAQ:MSFT) will use AMD Instinct MI200 accelerators to power large scale AI training workloads.
See Also: This Investor Just Sold Apple Stock To Buy Microsoft: Here's Why
AMD Price Action: AMD has traded between $76.83 and $164.45 over a 52-week period.
The stock was up 7.07% at $99.19 at time of publication.
Photo: courtesy of AMD.
Advanced Micro Devices Inc (NASDAQ:AMD) shares are trading higher Thursday in sympathy with Broadcom Inc (NASDAQ:AVGO) after the company reported better-than-expected results and issued strong guidance.
美國超微公司納斯達克(Sequoia Capital：AMD)股價週四走高，對博通公司(納斯達克股票代碼：AVGO)此前該公司公佈的業績好於預期，併發布了強有力的指引。
Broadcom reported fiscal second-quarter revenue of $8.1 billion, which beat the estimate of $7.9 billion, according to data from Benzinga Pro. The company reported quarterly earnings of $9.07 per share, which beat the estimate of $8.70 per share.
根據Benzinga Pro的數據，博通公佈第二財季營收為81億美元，超過了79億美元的預期。該公司公佈的季度收益為每股9.07美元，超過了每股8.70美元的預期。
Broadcom said it expects fiscal third-quarter revenue of approximately $8.4 billion versus the estimate of $8.01 billion.
博通表示，預計第三財季營收約為84億美元，高於預期的80.1億美元。
Lenovo Group also said it was seeing easing supply shortages in its PC segment, which has helped lift the semiconductor sector. Supply chain issues have weighed on the industry this year, but a Shanghai reopening could soon provide a boost for the supply-chain outlook, as a gradual reopening is anticipated.
聯想集團該公司還表示，其個人電腦部門的供應短缺正在緩解，這有助於提振半導體行業。今年，供應鏈問題一直令該行業承壓，但上海的重新開放可能很快就會提振供應鏈前景，因為預計將逐步重新開放。
On Thursday morning, AMD announced the completion of its Pensando Systems acquisition, which is expected to expand the chipmaker's data center solutions capabilities. AMD also announced that Microsoft Corp (NASDAQ:MSFT) will use AMD Instinct MI200 accelerators to power large scale AI training workloads.
週四上午，AMD宣佈完成其彭桑多系統公司收購，預計將擴大這家芯片製造商的數據中心解決方案能力。AMD還宣佈，微軟納斯達克(MSFT：MSFT)將使用AMD本能MI200加速器為大規模人工智能訓練工作量提供動力。
See Also: This Investor Just Sold Apple Stock To Buy Microsoft: Here's Why
另見：這位投資者剛剛賣出蘋果股票買入微軟：這就是為什麼
AMD Price Action: AMD has traded between $76.83 and $164.45 over a 52-week period.
AMD價格行動：在52周的時間裏，AMD的股價在76.83美元至164.45美元之間。
The stock was up 7.07% at $99.19 at time of publication.
截至發稿時，該股上漲7.07%，至99.19美元。
Photo: courtesy of AMD.
圖片來源：AMD提供。
譯文內容由第三人軟體翻譯。
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