Today we will examine the quarterly reports of Advanced Micro Devices Inc. and Intel Corporation. We will see which segments of their business are profitable and analyse the semiconductor sector.
Advanced Micro Devices demonstrates impressive financial results over the last quarters. AMD is capturing a part of the market from NVIDIA and Intel, and the merger with Filing will let it expand its target market by 38%. Over the last quarter, AMD shares lost 30% but keep trading in an uptrend.
The shares of which companies will be growing in a correction of the stock market? This article is about the reasons for a potential falling in the stock market this autumn and the shares that are worth buying even in such circumstances.
A microcircuit manufacturer AMD announced a shares buyback program for up to $4 billion. The shares will be bought in the open market. It isn’t clear how long the program will last. AMD shares already grew by 5% in two days.
NVIDIA presented its new processing unit called NVIDIA Grace. This means that in the future, the company might do without the products of Intel and AMD, while the merger of Arm Limited will make NVIDIA a monopolist of the processing units market. Further reading – in our article.