COVID-19 may be the only thing that can slow down AMD, tpoletti writes.
AMD AMD, -1.97% increased its forecast for the rest of the year while reporting a strong second quarter Tuesday afternoon, sending its shares 10% higher toward a record high in after-hours trading. After racking up more than $3.7 billion in sales in the first half, AMD guided for revenue of nearly $8.9 billion for the full year, suggesting that sales in the second half will top AMD”s annual totals from 2015 and 2016.
Investor hopes were high for the AMD’s results, on the heels of disappointing manufacturing news from Intel Corp. INTC, -0.66% , and the smaller chip company did not disappoint. Many analysts tried to get Su to comment on Intel’s woes, or at least to say how it might help AMD going forward, but Su would not comment beyond saying that AMD continues to execute on its product plans.“We feel good about our road map,” Su said.
One analyst asked about the “tenor” of its conversations with customers, since Intel started to have delays on chips developed on its newer processes. Su, to her credit, did not take the opportunity to gloat.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Stocks making the biggest moves after hours: FireEye, AMD, Visa and moreSee which stocks are posting big moves after the bell.
続きを読む »
N Korea's Kim boasts of his nukes amid stalled talks with USNorth Korea leader Kim Jong Un says his country’s hard-won nuclear weapons are a solid security guarantee and a “reliable, effective” deterrent that could prevent a second Korean War, state media reports.
続きを読む »
Car parts maker Faurecia targets second-half profit, cash generationFrench car parts group Faurecia said on Monday it expects to return to profit and cash generation in the second half of the year helped by cost controls after reporting a first-half operating loss due to the COVID-19 crisis.
続きを読む »
Barr testimony live updates: Hearing delayed after Nadler involved in car accidentHouse Judiciary Committee Chairman Jerry Nadler was in a car accident on his way to this morning's hearing with Attorney General Bill Barr, source says. Nadler was not injured.
続きを読む »
Barr testimony live updates: AG pushes back against accusations he politicized DOJ\nAttorney General Bill Barr: 'I'm supposedly punishing the president's enemies and helping his friends. What enemies have I indicted? Could you point to one indictment that has been under the Department that you feel has been unmerited?'
続きを読む »
What to watch today: Wall Street looks set to bounce after two-session declineDow futures were higher Monday as White House officials signal what Republicans are willing to accept in a new coronavirus relief bill.
続きを読む »