Advanced Micro Devices Devises Macro Advances Ahead Of Q4 Report

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Knowing the details of AMD’s upcoming report will be good for investors and the stock market alike. But perhaps just as valuable is our AI’s take on the situation. Our deep learning AI is here to help you navigate the market

For instance, AMD’s revenue has seen consistent year-over-year gains for a while now, marking a 64% increase over the last three from $5.25 billion to over $6.7 billion. And looking forward, their 12-month revenue is expected to increase an additional 25% in the year to come. EPS, too, has seen explosive 146% growth in the last year, with investors eagerly awaiting Q4 results to top off 2020’s unprecedented good fortunes .

Which brings us back to AMD’s upcoming Q4 report. The company is expected to post whopping product sales number across the majority of their microchips. Their EPYC and Semi-Custom chips, which power the likes of the PS5 and Xbox Series S and X, are projected to lead the pack. Not far behind will be their new Ryzen 5000 chips, which hit the market in October 2020 and quickly became one of the most in-demand CPUs on the market due to its superior processing power in work-from-home verticals.

But either way, the company’s fortunes are looking up ahead of their earnings report, if the stock market has anything to say about it. AMD is currently trading with a 12-month P/E of 52.88.When it comes to powerful processors, it’s impossible not to compare AMD with their biggest competition: Intel.in the CPU space for months as a result of superior planning, production, and technology.

 

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