AMD Guides Higher With Gross Margins Rising to 48% With Popularity of Expensive Processors

Advanced Micro Devices reported better than expected third-quarter earnings on Tuesday after the close of markets. $AMD also guided higher for the fourth quarter. Gross margin rose to 48% from 44% y/y with more expensive processors selling more.

Advanced Micro Devices Revenue Growth Driven by GPU, PC CPU and EPYC Processors

Advanced Micro Devices report Q2 earnings after the close Tuesday. AMD has benefited from the Covid-19 work from home demand for loud computing data centers and increased PC sales. Analysts looking for a closing date for the Xilinx acquisition

Texas Instruments A Victim Of It’s Own Success as Demand Strains Manufacturing Capacity

Texas Instruments, the largest manufacturer of analog and embedded processors in America, traded sharply lower despite reporting better than expected 1Q21 results and 2Q21 guidance after the close Tuesday. Concern is over inventory levels becoming more depleted and its lead-times for some products extending.

Texas Instruments Earnings Boost From Rebound of Automotive and Personal Electronics Demand

Texas Instruments reported better than expected quarter earnings Tuesday and guided higher for the second quarter. $TXN’s earnings report ahead of other chipmakers Advanced Micro Devices $AMD, Qualcomm $QCOM and Intel $INTC.

Advanced Micro Devices Ryzen and Epyc Processor Sales Boost From Work From Home Data Centers

Advanced Micro Devices reported Q1 earnings after the close Tuesday on target after AMD has benefited from the Covid-19 work from home demand for loud computing data centers and increased PC sales but did not give a target for earnings per share sending the stock lower.

AMD Stock Crushed After Revenue Miss and Earnings Outlook

Advanced Micro Devices reported worse than expected earnings after the close Wednesday. $AMD shares fell over 20% premarket, after falling 9.2% before the release The chip maker had been sold off with concerns about cryptocurrency demand falling.