What's Going On With AMD Shares
Portfolio Pulse from Henry Khederian
Shares of Advanced Micro Devices, Inc. (AMD) are trading lower by 2.52% due to lower guidance from Texas Instruments Inc (TXN) and overall market volatility. Texas Instruments reported a 23.67% decrease in quarterly earnings but exceeded sales expectations. AMD's 52-week high is $132.83 and low is $54.57.
July 26, 2023 | 5:13 pm
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NEGATIVE IMPACT
AMD shares are trading lower due to lower guidance from Texas Instruments and overall market volatility.
AMD shares are trading lower due to the negative sentiment from Texas Instruments' lower guidance and overall market volatility. This could potentially impact AMD's short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Texas Instruments reported a 23.67% decrease in quarterly earnings but exceeded sales expectations.
Texas Instruments' lower earnings could potentially impact its short-term stock price. However, the company exceeded sales expectations, which could offset some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100