●AMDAfter the close on October 31It is scheduled to announce the Q3 (July-September) earnings for 2023
According to the moomoo app, the currentmarket consensusfor AMD Q3 (July-September) 2023Revenueincreased by 2.32% year-on-year to5.694 billiondollars, epsis expected to significantly increase by 412.5% year-on-year to0.21 dollarsfinancial estimates
- There is a view that Intel's better-than-expected financial results and guidance could have a positive impact on other semiconductor companies, including AMD.
- Attention is drawn to AMD's AI chip. Amid the opportune moment of rapid AI adoption in the industry, there is also optimism about surpassing Nvidia.
PC Business
According to Gartner, in 2023 Q3World PC shipmentsis64.3 million units, a 9% decrease compared to the same period last year and approximately 8% increase compared to the previous period.The momentum of PC demand recovery is accelerating. $Advanced Micro Devices (AMD.US)$Q3 sales growth is expected to benefit from the improvement in PC demand.
$Intel (INTC.US)$Reed's Inc. will announce its earnings on the 27th. The PC market is projected to reach 0.27 billion units in 2023 and 0.3 billion units in 2024.