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ADVANCED MICRO DEVICES, INC.

(AMD)
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AMD forecasts third-quarter revenue above estimates

07/27/2021 | 04:17pm EDT

July 27 (Reuters) - Advanced Micro Devices Inc forecast current-quarter revenue above Wall Street expectations on Tuesday, as the chip designer sees strong demand for its high-end server, PC and gaming chips.

The company projected third-quarter revenue to be about $4.1 billion, plus or minus $100 million, compared with analysts' estimates of $3.82 billion, according to Refinitiv IBES data. (Reporting by Chavi Mehta and Tiyashi Datta in Bengaluru; Editing by Maju Samuel)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
ADVANCED MICRO DEVICES, INC. -0.33% 105.8 Delayed Quote.15.36%
INTEL CORPORATION 0.35% 54.22 Delayed Quote.8.83%
QUALCOMM, INC. -0.02% 133.88 Delayed Quote.-12.12%
XILINX, INC. 0.67% 157.24 Delayed Quote.10.91%
All news about ADVANCED MICRO DEVICES, INC.
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Analyst Recommendations on ADVANCED MICRO DEVICES, INC.
More recommendations
Financials (USD)
Sales 2021 15 679 M - -
Net income 2021 2 795 M - -
Net cash 2021 4 477 M - -
P/E ratio 2021 46,7x
Yield 2021 0,16%
Capitalization 128 B 128 B -
EV / Sales 2021 7,90x
EV / Sales 2022 6,68x
Nbr of Employees 12 600
Free-Float 98,8%
Chart ADVANCED MICRO DEVICES, INC.
Duration : Period :
Advanced Micro Devices, Inc. Technical Analysis Chart | AMD | US0079031078 | MarketScreener
Technical analysis trends ADVANCED MICRO DEVICES, INC.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 38
Last Close Price 105,80 $
Average target price 112,83 $
Spread / Average Target 6,64%
EPS Revisions
Managers and Directors
Lisa T. Su President, CEO & Non-Independent Director
Devinder Kumar Chief Financial Officer, Treasurer & Executive VP
John Edward Caldwell Chairman
Mark D. Papermaster CTO, Executive VP-Technology & Engineering
Keivan Keshvari Senior Vice President-Global Operations
Sector and Competitors
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TEXAS INSTRUMENTS22.25%185 242