Strong Earnings From Advanced Micro Devices Should Lift SNPG
February 01, 2023 at 13:37 PM EST
Advanced Micro Devices (NASDAQ: AMD) saw its stock rise on Wednesday after posting strong quarterly earnings the day before. The chipmaker beat analyst expectations for sales and profit while forecasting a 10% decline in year-over-year sales for the current quarter. This is after chief rival Intel Corp. posted earnings that showed major declines in the company’s sales, [...] The post Strong Earnings From Advanced Micro Devices Should Lift SNPG appeared first on ETF Trends .