What's Going On With AMD Shares
Portfolio Pulse from Henry Khederian
Shares of Advanced Micro Devices, Inc. (AMD) are trading lower following weakness in the semiconductor industry. This is due to Taiwan Semiconductor (TSM) issuing weak Q3 and 2023 guidance, which could signal broader issues within the semiconductor market, potentially affecting AMD's sales and growth prospects.
July 24, 2023 | 3:44 pm
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NEGATIVE IMPACT
AMD's shares are trading lower due to potential broader issues in the semiconductor market signaled by TSM's weak guidance. This could negatively impact AMD's sales and growth prospects.
AMD's stock is trading lower due to weak guidance from TSM, a key player in the semiconductor industry. This could signal broader issues in the market, which could negatively impact AMD's sales and growth prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
TSM's weak Q3 and 2023 guidance could signal broader issues within the semiconductor market, potentially affecting other companies in the industry, including AMD.
TSM's weak guidance could indicate broader issues in the semiconductor market. This could negatively impact other companies in the industry, including AMD, leading to a potential decrease in their stock prices.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80