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AMD Shares Surge On Revenue Outlook Boost As Chip Supply Chains Improve

AMD Shares Gain on Revenue Outlook Boost as Chip Supply Chains Improve TheStreet 11 mins ago © TheStreet AMD Shares Gain on Revenue Outlook Boost as Chip Supply Chains Improve Advanced Micro Devices shares traded higher Wednesday after the chipmaker forecast solid current-quarter sales and a robust full-year outlooked pinned on improving demand and a loosening of tensions in the global semiconductor supply chain. Popular Searches AMD said it sees June quarter revenues in the region of $3.6 billion, with a range of plus or minus $100 million, and a non-GAAP gross margin of 47%. For the full 2021 financial year, AMD said it sees revenues growing 50% from 2020 levels, indicating a total of around $14.65 billion, as bottlenecks fade and supplies slowly increase over the second half of the year.

Intel Slides As Investment Costs Cloud Earnings Beat, Guidance Boost

Intel Slides as Investment Costs Cloud Earnings Beat, Guidance Boost TheStreet 2 hrs ago © TheStreet Intel Slides as Investment Costs Cloud Earnings Beat, Guidance Boost Intel Corp shares slumped lower in early Friday trading after the chipmaker hinted that investments in new manufacturing foundries would likely pressure near-term profit margins, clouding the impact of its first quarter earnings beat. Intel posted a bottom line of $1.39 per share on sales of $18.6 billion, topping Wall Street forecasts, but noted that current quarter profits would slow to $1.05 per share on revenues of around $17.8 billion. That guidance appeared to offset a full-year outlook that included improved revenues forecasts of $72.5 billion, gross margins of 56.5% and earnings of $4.60 per share, thanks in part to stronger PC demand linked to work-from-home dynamics .

Intel Corporation (NASDAQ:INTC) - 5 Intel Stock Analysts On Chipmaker s Q1 Results, Foundry Strategy, Investments

Intel Corporation (NASDAQ:INTC) - 5 Intel Stock Analysts On Chipmaker s Q1 Results, Foundry Strategy, Investments
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Lam Research Corp (LRCX) Q1 2021 Earnings Call Transcript

Lam Research Corp (LRCX) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Lam Research Corp (NASDAQ: LRCX) Q1 2021 Earnings Call Operator Good day and welcome to the Lam Research Corporation s March 2021 Quarter Financial Conference Call. At this time, I would like to turn the conference over to Tina Correia, Corporate Vice President of Investor Relations and Corporate Finance. Please go ahead.SPONSORED: 10 stocks we like better than Lam Research When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade,

Advanced Micro Devices, Inc (NYSE:AMD), Intel Corporation (NASDAQ:INTC) - 3 AMD Analysts Dissect Chipmaker s Q4 Earnings, Guidance Beat

Advanced Micro Devices, Inc (NYSE:AMD), Intel Corporation (NASDAQ:INTC) - 3 AMD Analysts Dissect Chipmaker s Q4 Earnings, Guidance Beat
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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