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Fly News Breaks for April 28, 2017
INTC, AMD
Apr 28, 2017 | 09:36 EDT
OTR Global's checks on AMD's (AMD) new Naples servers with supply chain sources have been generally positive regarding pricing and performance. Sources said Naples' performance is superior to Intel's (INTC) Broadwell chip and pricing is expected to be less than Intel's next-gen chip.
News For AMD;INTC From the Last 2 Days
AMD
Apr 18, 2024 | 07:16 EDT
TD Cowen raised the firm's price target on AMD to $200 from $185 and keeps a Buy rating on the shares. The analyst expect data center strength and "well-known softness elsewhere" when AMD reports Q1 results. The firm sees AMD as generating upwards of $10.00 in earnings per share by 2027, or a nearly 40% annual growth off of 2023. TD increased its MI300 2024 revenue estimate to $4.5B from $4B, saying ramps at several customers will continue to happen more quickly than typical. AMD remains one of its top picks.