|Bid||85.98 x 1000|
|Ask||85.95 x 800|
|Day's range||85.84 - 88.80|
|52-week range||54.57 - 132.96|
|Beta (5Y monthly)||1.98|
|PE ratio (TTM)||54.83|
|Earnings date||01 May 2023 - 05 May 2023|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||27 Apr 1995|
|1y target est||93.42|
Headed into AMD's (NASDAQ: AMD) Q4 2022 earnings report, the burning question on investors' minds was whether Intel's (NASDAQ: INTC) disastrous financial update the week prior would bleed over onto AMD. The longer answer is a bit more nuanced, because the semiconductor industry (specifically the part dealing with PCs and laptops) is in the midst of one of the worst downturns in decades. First, data centers (the computing units for the cloud, AI, and high-performance business computing of all kinds) are a secular growth trend that is propelling the semiconductor industry higher.
These two semiconductor investors are back to discuss some significant tailwinds for various chip stocks.
The stock market had a rough year in 2022, but the technology sector bore the brunt of the pessimism, with the Nasdaq-100 index falling by 33%. The semiconductor industry is a good example. The pandemic triggered chip shortages across the world in 2020 and 2021, which gave manufacturers pricing power and drove monumental growth.