Advanced Micro units experienced a significant marketing not as its shares fell by 9% after disappointing the results for the fourth quarter that came during the analyst expectations. While the company reported an increase of 24% of quarterly income to $ 7.65 billion and improved the profit per share of $ 1.09 compared to $ 0.77 last year, the result failed in its decisive data center segment with market forecasts. The Data Center Division, despite showing a $ 69% revenue increase to $ 3.9 billion, missed analysts’ forecasts of $ 4.14 billion. This deficit was given to Bernstein research to revise its price target down from $ 150 to $ 125, even if they maintained their “market perfection” rating.

Strategic AI market expansion

The semiconductor manufacturer continues to conduct his artificial intelligence strategy despite current challenges. A key component of this strategy involves waiting acquisitions of the server manufacturer’s ZT system for $ 4.9 billion, which is currently being reviewed by EU competition authorities with a decision that is expected by March 12. This acquisition can significantly strengthen AMD’s position in the AI ​​chip market and improve its competition position on industry leaders in the art of artificial intelligence.

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Advanced Micro Devices Stock: New Analysis – 06 February

Fresh Advanced Micro Device’s information was released. What does the impact have for investors? Our latest independent report is investigating the latest figures and market trends.

Read our updated advanced micro -unit analysis …