"AMD's Rise: Investors Seek AI Dominance and Big Stock Moves"

TL;DR Summary
Advanced Micro Devices (AMD) has been one of the most searched stocks recently, with its shares returning +17% over the past month. The company's future direction is influenced by factors such as revisions to earnings estimates, revenue growth forecast, last reported results, surprise history, and valuation. For the current quarter, AMD is expected to post earnings of $0.77 per share, with a consensus estimate of $2.65 for the current fiscal year. The consensus sales estimate for the current quarter is $6.12 billion, indicating a year-over-year change of +9.2%. AMD has a Zacks Rank #3 (Hold) and is trading at a premium to its peers.
Topics:business#advanced-micro-devices#amd#earnings-estimates#finance#revenue-growth#stock-performance
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