AMD Stock is a bullish reduction because the export prohibition room sparkles $ 800 million on the rise
Advanced Micro Devices, Inc. (Nasdaq:Dmla) is one of Ai stocks making waves to Wall Street. On July 30, Susquehanna’s analyst Christopher Rolland increased the share of action at $ 210, against $ 135 and maintained a “positive” note on actions.
After previewing the results of the Q2, analysts generally foresee online at slightly better results on the back of stronger PC sales. Indeed, Intel has recognized that the prices linked to prices continued in 2q. The company also stressed that AMD has a trade force of the server. He obtained a market share in the processors of the Epyc data center.
A major factor behind the improved prospects on the AMD is that the government announced in July that it would examine and probably renew the AMD license request for the export of the AI Mi308 fleas in China.
A close-up of a complex PCB card with several intergraded semiconductor parts.
As long as this happens, this would help to reverse restrictions on negative income of $ 1.5 billion previously expected. Currently, the company expects the AMD to receive approximately $ 800 million in revenue during the second 2025 semester of potential sales in China.
He also pointed out that a large part of the $ 800 million in inventory in the Mi308 that AMD planned to write could now be sold at a cost close to zero.
Advanced Micro Devices, Inc. (NASDAQ: AMD) develops and sells semiconductors, processors and GPUs for data centers, games, AI and integrated applications.
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Read then: 10 stocks AI to observe at Wall Street And 10 stocks AI doing waves to Wall Street
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