๐ก AMD $AMD pops 5% premarket ahead of Aug 4 earnings โ semis back in favor this week
Advanced Micro Devices is trading at $510.50 premarket (+5.2%) as investors rotate back into chip stocks heading into a big earnings week. AMD reports Q2 after the close on Tuesday, August 4 โ Wall Street expects $11.3B in revenue (+47% YoY) and EPS of $1.34. Mizuho just raised its AMD price target to $625 citing Helios and Venice launches. Palantir $PLTR also reports Monday after close. Not financial advice. Are you positioned in semis for this earnings gauntlet?
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