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May 12, 2025

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Analysts are upbeat about AMD stock price: should you buy or sell?

4 Mins Read

AMD stock price has bounced back in the past few days as investors cheered the company’s upbeat financial results. It has also jumped as the market predicts that it will be the next big player in the artificial intelligence (AI) industry. It rose to a high of $102.85, its highest level since March 28, and 35% above the current level. 

AMD earnings recap

AMD and other semiconductor companies are facing a double-whammy: there is a risk that the AI bubble is bursting, and export controls from China. On the AI bubble, some companies like Microsoft have started to pause or end their data center expansion in key countries. 

NVIDIA warned that export controls to China would have a $5.5 billion impact on its business. AMD also warned that limiting exports of key technologies to the second-biggest economy, would have a direct impact on its revenue.

The company published its financial results last week, which showed it was continuing to gain market share in the data center industry. Its revenue rose to over $7.43 billion, up by about 36% from the same period last year. The figure was a big increase from the expected $7.35 billion. 

AMD’s gross profit jumped by 46% to $3.73 billion as its gross margin jumped to 50% from 47% a year earlier. Most importantly, the net income jumped by 476% to $709 million, while the diluted EPS jumped by 526% to 44 cents. 

This growth was mostly because AMD has become a major player in the data center industry, which has been growing in the past few months. Its data center GPUs have become the closest competitor to NVIDIA now that Intel’s business is struggling. 

The data center business generated revenues of $3.67 billion in the first quarter, a 57% increase from the same period last year. 

Most importantly, there are signs that the client and gaming, and embedded businesses that have struggled in the past have started to improve. The client and gaming segment made $2.9 billion, up by 28% from Q1’24, while the embedded revenue fell by just 3%.

Analysts are upbeat about AMD 

Wall Street analysts are upbeat about AMD’s performance in the coming quarters. The average estimate is that the company’s revenue will rise by about 26.80% in the first quarter to $7.4 billion. This forecast is in line with what the management guided as it expects its revenue to be minus or plus $300 million that level.

The management expects that its gross margins will drop to 43% because of $800 million in charges related to Trump’s export curbs. Its gross margin would have continued rising to 54%, excluding these curbs.

AMD tends to be highly conservative when it issues its forward guidance. As such, there is a likelihood that the company’s business will keep doing better than expected.

The average AMD stock price forecast is $127, up from the current $102. Most analysts cite its growing market share in the AI industry and the fair valuation since it has a forward PE ratio of 25.45. 

AMD stock price analysis

AMD stock chart | Source: TradingView

The daily chart shows that the AMD share price has rebounded from a low of $76.45 in April to $102.85 today. It has jumped above the crucial resistance level at $93.55, its lowest level in October 2023. 

The stock has moved above the 50-day Exponential Moving Average, while the MACD indicator has moved above the zero line. Also, the Relative Strength Index (RSI) has jumped above the neutral point at 50.

The outlook for the AMD stock price is bullish, with the next point to watch being at $122.10, the lowest swing in August last year, and 20% above the current level. A drop below the support at $93.5 will invalidate the bullish outlook.

The post Analysts are upbeat about AMD stock price: should you buy or sell? appeared first on Invezz

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In Business

Cargo thieves are attacking the U.S. supply chain at alarming rates

2 Mins Read

America’s supply chain is under attack.

From coast to coast, organized criminal groups are hitting trucks on the road, breaking into warehouses and pilfering expensive items from train cars, according to industry experts and law enforcement officials CNBC interviewed during a six-month investigation.

It’s all part of a record surge in cargo theft in which criminal networks in the U.S. and abroad exploit technology intended to improve supply chain efficiency and use it to steal truckloads of valuable products. Armed with doctored invoices, the fraudsters impersonate the staff of legitimate companies in order to divert cargo into the hands of criminals.

The widespread scheme is “low risk and a very high reward,” according to Keith Lewis, vice president of Verisk CargoNet, which tracks theft trends in the industry.

“The return on investment is almost 100%,” he said. “And if there’s no risk of getting caught, why not do it better and do it faster?”

In 2024, Verisk CargoNet recorded 3,798 incidents of cargo theft, representing a 26% increase over 2023.

Total reported losses topped nearly $455 million, according to Verisk CargoNet, but industry experts told CNBC that number is likely lower than the true toll because many cases go unreported. Numerous experts who spoke to CNBC estimate losses are close to $1 billion or more a year.

Train cargo thefts alone shot up about 40% in 2024, with more than 65,000 reported incidents, according to the Association of American Railroads.

Industry experts and law enforcement officials say a more sophisticated and insidious form of cargo theft called strategic theft is also on the rise.

The way the system is supposed to work is this: A shipper pays a broker, and the broker, after taking its fee, pays the carrier, the trucking company that moves the load.

In strategic theft, criminals use deceptive tactics to trick shippers, brokers or carriers into handing cargo or legitimate payments, sometimes both, over to them instead of the legitimate companies.

This post appeared first on NBC NEWS

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In Politics

Hamas claims it will release American hostage Edan Alexander

2 Mins Read

Hamas claimed on Sunday that it would release American hostage Edan Alexander.

Alexander, a dual U.S.-Israeli citizen, has been held captive in Gaza since the October 7 Hamas attack on southern Israel. 

‘As part of the efforts made by the brotherly mediators to achieve a ceasefire, Hamas has been in contact with the U.S. administration in recent days,’ a statement, translated into English from Arabic, from the terror organization said.

‘The movement has shown a high level of positivity, and the Israeli soldier with dual American citizenship, [Edan] Alexander, will be released as part of the steps being taken toward a ceasefire, the opening of border crossings, and the entry of aid and relief for our people in the Gaza Strip,’ the statement continued.

It’s unclear when Alexander could be released.

Raised in Tenafly, New Jersey, Alexander moved to Israel at 18 to volunteer for military service in the IDF’s Golani Brigade. He lived with his grandparents in Tel Aviv and at Kibbutz Hazor, where he was part of a group of lone soldiers.

He was kidnapped on the morning of October 7 — a Saturday, he wasn’t required to remain on base. His mother was visiting from abroad, and like many lone soldiers, he had the option to go home for the weekend. But he chose to stay, not wanting to leave his comrades short-staffed on guard duty.

Stepheny Price is a writer for Fox News Digital and Fox Business. She covers topics including missing persons, homicides, national crime cases, illegal immigration, and more. Story tips and ideas can be sent to stepheny.price@fox.com

This post appeared first on FOX NEWS

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