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Microsoft MSFT $430.16 +0.74%
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Amazon AMZN $180.75 -0.17%

💡 Earnings season continues, AMD and Supermicro shares fall!🚀

AMD $AMD+3.7% reported revenue in the $5.4 billion to $6 billion range , right in line with Wall Street estimates. Yet the stock is down more than 8 %.

Analysts point out that the growth outlook AI For AMD may not be as strong as expected. Bank of America lowered its target price from 195 USD to 185 USD, the bank also notes the company's forecast for chips MI300 in the year 2024, which falls short of expectations.

AMD

AMD

AMD
$166.36 $5.93 +3.70%
AMD

AMD

AMD
$166.36 $5.93 +3.70%
Fair Price: $231.13
Wwaccxfv: 6.92%
Undervalued
Overvalued
Dostupné pouze členům Bulios Black

By contrast ,Nvidia $NVDA surprised with Wall Street' s high expectations for artificial intelligence. Analysts say Nvidia's vertical integration is strong competition forAMD.

The move AMD reflects a general decline in investor enthusiasm for the AI business, which has caused shares of chipmakers to fall.

Although the Super Micro Computer $SMCI+4.3% has seen 200% revenue growth from last year, it fell short of analysts' estimates, sending the stock down more than 10 %.
The company also raised its full-year revenue guidance to a range of $14.7 billion to $15.1 billion, up from its previous range of $14.3 billion to $14.7 billion.

SMCI
$883.88 $36.50 +4.31%
SMCI
$883.88 $36.50 +4.31%
Fair Price: $489.25
Mcdyycfi: 93.07%
Undervalued
Overvalued
Dostupné pouze členům Bulios Black

The tense moments in the chip sector point to a general trend where stock valuations have been rising sharply. Beating expectations is no longer enough, so we need to believe in the long-term trajectory of these companies.

What is your view on these companies? Do you plan to buy/sell after the results?


Well, AI isn't pulling as much, it's having a weaker moment and the whole market including the indices are down. That's my stuff...

I certainly don't see$AMD+3.7% doing the numbers like $NVDA+2.6% but I'm not worried about them disappearing, next to Nvidia it's another great player in the market and since I'm buying slightly under $100 I'm holding, I don't necessarily need the profit here and therefore if they go down further, which maybe they will after Nvidia's results, I want to overbuy. I don't think they will look below $100 and I'm taking the overbought as a long term which will definitely appreciate. 😊