[Earnings Preview] Will AMD be in the spotlight of the recovery in PC demand and the AI boom

● AMD,After closing on 10/31We plan to announce financial results for Q3 (July-September) on 23
● According to the moomoo app, your feetmarket consensusWell then AMD 23/Q3 (July-September)turnoverIs up 2.32% from the same period last year56.94 billiondollars,PESA significant increase of 412.5% compared to the same period last year$0.21and predictions
● The view is that favorable financial results and guidance that exceed Intel's expectations may have a positive impact on other semiconductor companies, including AMD
● Pay attention to AMD's AI chips. Amid the opportunity for AI to rapidly spread throughout the industry, there is also optimism that it will overtake Nvidia

AMD is the second-largest PC processor manufacturer after Intel. For the company's PCClient departmentSales for the previous quarter were 998 million dollars, which exceeded market expectations.

Also, Nvidia and AMDARM architectureInformation has also surfaced that they are proceeding with PC chip development using it. According to analysts at Wedbush Securities, both Nvidia and AMD will benefit from the development of new CPUs, but AMD is expected to bring more profit. The new CPU will further put pressure on Intel's share of the PC market, and there is a possibility that AMD's share of the PC market will be boosted.

AI products
Q2 '23So, AMD's sales are 5.36 billion dollars, adjusted EPS is 0.58 dollars, whateverExceeded market expectations. AMD's AI chip development has attracted customer interest, and in an opportunity for AI to rapidly spread throughout the industry, there is also optimism that it will overtake Nvidia.

Intel mentioned sales channel results in the AI field at the financial results briefing on the 27th, and the number of sales channels the company included GAudi series DL accelerators in the past 90 daysredoublingI did it.

Also, Intel said “supply shortages have become a major problem for AI,” and AMD'sMI300 and AI businessAnalysts also pointed out that it was a good sign for

gaming, etc.
Welsh FargoIn the latter half of 2023, AMD's sales for embedded devices are expected to decline due to normalization of outstanding orders, a decrease in customer inventory, and sluggish communication spending. Also, as the Xbox and PS5 game console markets mature, AMD's game revenue is also expected to decline.