![]() ![]() This has been the trend in recent quarters as the company navigates various headwinds related to supply chains, declining PC demand and inflationary impacts on its high-margin enterprise business. Overall, the numbers suggests plenty of uncertainty still remain about the sales trends for the fourth quarter and beyond. In the press release, the company highlighted the decline in average selling prices had an effect of $160 million worth of a one-time inventory charges. However, the company recently released a set of preliminary Q3 numbers that weren't as prolific as the market would have liked. What to watch: Despite consistent headwinds with chip supply chain challenges, AMD continues to deliver strong operating results, while taking market share from rivals such as Intel ( INTC). This compares to the year-ago quarter when earning were 73 cents per share on $4.31 billion in revenue. Wall Street expects AMD to earn 72 cents per share on revenue of $5.69 billion. Will the rally continue? Here are the earnings I’ll be watching this week.Īdvanced Micro Devices ( AMD ) - Reports after the close, Tuesday, Nov. Plus, the forward guidance that companies have provided so far suggests rising inflation and rising interest rates are manageable, particularly as we head into the all-important holiday shopping season. Microsoft and AMD ( AMD) were also dominant, rising 4.02% and 5.82%, respectively.Īlthough still early with more than half of earnings season remaining, investors are more confident about the direction of the economy and the impact monetary policy decisions will have. Aside from the aforementioned Intel, and its 10% gain, the Nasdaq was powered by strong gains in Apple (up 7.56%) and Nvidia ( NVDA) which gained 5%. The Dow Jones Industrial Average continued its rally, rising 828.52 points, or 2.59%, to end the session at 32,861.80. This week’s stock market performance suggests the bottom is now in, capped off by a strong boost on Friday. Speaking of "selloff," is that still a thing? For others, the outlook remains too muddied to buy any dip during this selloff. For some investors, this scenario between good and bad has created some buying opportunities. The results from Intel ( INTC), which boosted the stock more than 10%, were also encouraging signs that the worst might now actually be behind us. Their numbers as a collective suggested that economic conditions are not as bad as feared. In total, it appears “less bad” continues to be just good enough.” This has been the theme of the third-quarter earnings season so far, particularly on the heels of an important week which just concluded, where tech giants such as Amazon ( AMZN), Apple ( AAPL), Meta Platforms ( META), Google parent Alphabet ( GOOG , GOOGL) and Microsoft ( MSFT), among others, reported their results. ![]() By “things” I’m referring to corporate revenue, profits and the all-important forward guidance. Event viewer shows a few Nvidia Display driver stopped working and has recovered messages, so I am thinking this is a driver/software issues, rather than faulty hardware.If judging by this week’s price movement in stocks, maybe things aren’t as bad as feared. That seemed to improve matters, in the last day-ish, the connection to the GPU has only been lost twice. * rolled back the drivers from 388.71 to 384.94, Temps were in the low-to-mid-60s, so I don't think that is an issue. Unlike the handful of Goggle results that came up, my system isn't crashing or having the screen go black. In HWINFO, most of the gpu categories had become static/greyed out and Afterburnber indicated "Connection to GPU Lost". But it wouldn't be very long before I noticed that temps and other data were no longer being displayed on my keyboard's LCD screen. After installing my Asus GTX 1080 Ti on Wednesday, and updating drivers, Afterburner and HWINFO, I started mining with what I thought was a very modest overclock. ![]()
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