AMD Expects Q3 2023 Non-GAAP Gros Margin ~$51%
Portfolio Pulse from Benzinga Newsdesk
AMD has projected its Q3 2023 Non-GAAP gross margin to be approximately $51%.

August 04, 2023 | 10:29 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
AMD's forecast of a Q3 2023 Non-GAAP gross margin of approximately $51% could potentially impact its stock price.
The forecast of AMD's Q3 2023 Non-GAAP gross margin could influence investor sentiment and potentially impact the company's stock price. However, the exact direction of the impact is uncertain without additional context such as previous margins, market expectations, and the company's overall financial health.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100