AMD Stock Takes 7% Premarket Plunge But Analyst Adds Twist With 39% Price Target Lift: What's Going On?
AMD Stock Takes 7% Premarket Plunge But Analyst Adds Twist With 39% Price Target Lift: What's Going On?
Advanced Micro Devices, Inc. (NASDAQ:AMD) shares slumped in premarket trading on Wednesday as investors reacted negatively to the chipmaker's fourth-quarter results.
由于投资者对这家芯片制造商的第四季度业绩做出了负面反应，Advanced Micro Devices, Inc.（纳斯达克股票代码：AMD）股价周三在盘前交易中暴跌。
Mixed Quarter: AMD 's fourth-quarter earnings and revenue came in line with expectations, while its first-quarter revenue guidance trailed estimates of some analysts. Traders, who bid up the stock ahead of the earnings week, apparently were looking to dump them.
混合季度：AMD第四季度的收益和收入符合预期，而其第一季度的收入指引落后于一些分析师的预期。在财报周之前上涨股票的交易员显然想抛售股票。
Unfazed by the soft guidance, an analyst at KeyBanc Capital Markets maintained an Overweight rating on AMD shares and upped the price target from $195 to $270. The upward revision came as the firm rolled forward valuation to 2025.
KeyBanc资本市场的一位分析师对软指引毫不动摇，维持了对AMD股票的增持评级，并将目标股价从195美元上调至270美元。向上修正是在该公司将估值推迟至2025年之际进行的。
The firm's semiconductor analyst, John Vinh, noted that the PC recovery was slightly below expectations, although it is expected to improve in 2024.
该公司的半导体分析师约翰·荣指出，个人电脑的复苏略低于预期，尽管预计将在2024年有所改善。
See Also: Best Artificial Intelligence Stocks
另见：最佳人工智能股票
AI Optimism Abounds: Vinh noted that the company raised its outlook for the MI300X AI accelerator to $3.5 billion, with a continuous ramp-up throughout the year, although weighted toward the second half. He also noted that Data Center revenue rose both sequentially and year-over-year, thanks to share gains in server CPU, with strong fourth-generation EPYC processor sales and faster-than-expected MI300X ramp-up.
AI 乐观情绪比比皆是： Vinh指出，该公司将其对 MI300X 人工智能加速器的前景提高至35亿美元，尽管加权在下半年，但全年持续增长。他还指出，数据中心收入环比增长和同比增长，这要归功于服务器 CPU 份额的增长、第四代 EPYC 处理器销售强劲以及 MI300X 的增长速度快于预期。
AMD expects Data Center GPU revenue to increase sequentially off a strong number in the fourth quarter, the analyst said.
分析师表示，AMD预计，数据中心GPU收入将在第四季度的强劲数字基础上连续增长。
"While disappointed with non-GPU results, we're encouraged with the strong GPU revs and commentary," he added.
他补充说：“尽管对非 GPU 的结果感到失望，但强劲的 GPU 改进和评论令我们感到鼓舞。”
In premarket trading, the stock fell 6.63% to $160.65, according to Benzinga Pro data.
根据Benzinga Pro的数据，在盘前交易中，该股下跌6.63％，至160.65美元。
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