Advanced Micro Devices에 대한 매도 수량은 투자자에게 Advanced Micro Devices의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Advanced Micro Devices (NASDAQ:AMD) 주식, 공매도 수량 보고

Advanced Micro Devices

Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers, industrial, and automotive applications. AMD's traditional strength was in central processing units and graphics processing units used in PCs and data centers. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. In 2022, the firm acquired field-programmable gate array leader Xilinx to diversify its business and augment its opportunities in key end markets such as data center and automotive.

Advanced Micro Devices, Inc.

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매 거래일마다 수백 개의 헤드라인과 보도자료가 벤징가 프로에 올라와, 트레이더들이 전체 시장과 개별 종목에 대한 최신 뉴스를 확인할 수 있는 소스이다. 2024년 10월에 벤징가 프로에서 가장 많이 검색된 주식들을 살펴보겠다. 현재 가격과 연초 대비 실적은 11월 1일 기준이며 배당금은 포함되지 않았다.

독점: 벤징가 프로에서 10월 가장 많이 검색된 상위 20개 티커 - 테슬라, 엔비디아, DJT 순위는?

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미국 주식 시장은 10월 말에 선거 불확실성과 엇갈린  기술주 실적으로 인해 위험 심리가 위축되면서 5개월 연속 연승시에서 하락세로 전환되었다. 시장 혼란을 나타내는 주요 척도인 CBOE 변동성 지수(VIX)는 지난달 34% 급등해 선거 연도 10월에 세 번째로 큰 증가세를 기록했다.

이번 주 시장 동향: 美 대선 앞두고 시장 변동성 급증, 엇갈린 기술 기업 실적, 고용 감소

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수요일에 캐시 우드가 이끄는 아크 인베스트가 몇 가지 중요한 거래를 했다. 가장 주목할 만한 거래는 테슬라(NASDAQ:TSLA), 어드밴스드 마이크로 디바이시스(NASDAQ:AMD), 팔란티어 테크놀로지스(NYSE:PLTR)와 관련된 것이다.

캐시 우드의 기술주 덱 섞기: 테슬라와 팔란티어를 계속 처분, AMD와 메타 주식 매입

Advanced Micro Devices, Inc. - Common Stock

Advanced Micro Devices Inc

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ADVANCED MICRO DEVICES ORD

Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent110424&amp;t=be2bearmibe3na1">and individual tickers.</a>
Here is a look at the most-searched stocks on Benzinga Pro for October 2024. Current prices and year-to-date performance are based on Nov. 1 and do not include dividends.
1. Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
<ul>
<li>Current Price: $248.98</li>
<li>52-Week Range: $138.80 to $273.54</li>
<li>Year-to-Date Return: +0.2%</li>
<li><a href="https://www.benzinga.com/top-stories/24/08/40119459/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-july-2024-where-do-tesla-nvidia-apple-crow">July</a>/<a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/09/40691773/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-august-2024-where-do-tesla-n">August</a>/<a href="https://www.benzinga.com/top-stories/24/10/41150827/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-september-2024-where-do-tesla-nvidia-apple">September </a>Ranking: 1st/3rd/3rd</li>
</ul>
2. NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)
<ul>
<li>Current Price: $135.37</li>
<li>52-Week Range: $44.90 to $144.42</li>
<li>Year-to-Date Return: +181.0%</li>
<li>July/August/September Ranking: 2nd/1st/1st</li>
</ul>
3. Trump Media &amp; Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>)
<ul>
<li>Current Price: $30.56</li>
<li>52-Week Range: $11.75 to $79.38</li>
<li>Year-to-Date Return: +75.7%</li>
<li>July/August/September Ranking: Not in Top 20/Not in Top 20/20th</li>
</ul>
4. SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)
<ul>
<li>Current Price: $571.04</li>
<li>52-Week Range: $426.56 to $586.12</li>
<li>Year-to-Date Return: +20.8%</li>
<li>July/August/September Ranking: 3rd/2nd/2nd</li>
</ul>
5. Super Micro Computer Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)
<ul>
<li>Current Price: $26.05</li>
<li>52-Week Range: $24.92 to $122.90</li>
<li>Year-to-Date Return: -8.8%</li>
<li>July/August/September Ranking: 19th/4th/7th</li>
</ul>
6. Bright Minds Biosciences Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRUG#NASDAQ">DRUG</a>)
<ul>
<li>Current Price: $48.18</li>
<li>52-Week Range: $0.93 to $79.02</li>
<li>Year-to-Date Return: +2,518.5%</li>
<li>July/August/September Ranking: Not in Top 20 in Any</li>
</ul>
7. Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>)
<ul>
<li>Current Price: $141.86</li>
<li>52-Week Range: $110.22 to $227.30</li>
<li>Year-to-Date Return: +2.4%</li>
<li>July/August/September Ranking: 14th/8th/Not in Top 20</li>
</ul>
8. Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)
<ul>
<li>Current Price: $222.91</li>
<li>52-Week Range: $164.08 to $237.49</li>
<li>Year-to-Date Return: +20.1%</li>
<li>July/August/September Ranking: 7th/6th/4th</li>
</ul>
9. Tevogen Bio Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TVGN#NASDAQ">TVGN</a>)
<ul>
<li>Current Price: $2.37</li>
<li>52-Week Range: $0.26 to $21.09</li>
<li>Year-to-Date Return: -78.7%</li>
<li>July/August/September Ranking: Not in Top 20 in Any</li>
</ul>
10. Oklo Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>)
<ul>
<li>Current Price: $21.67 </li>
<li>52-Week Range: $5.35 to $28.12 </li>
<li>Year-to-Date Return: +104.4% </li>
<li>July/August/September Ranking: Not in Top 20 in Any </li>
</ul>
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<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent110424">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
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Honorable Mentions:&nbsp;The following stocks were the 11th&nbsp;to 20th&nbsp;most-searched tickers on&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent090324&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>&nbsp;in October 2024.
11. Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)
12. Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)
13. Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)
14. Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>)
15. Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)
16. MicroStrategy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>)
17. Genprex Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNPX#NASDAQ">GNPX</a>)
18. SoFi Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>)
19. Boeing Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>)
20. TeraWulf Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>)
Why It's Important: Tesla, regularly among the most searched tickers on the site, climbed the leaderboard to be the most-searched ticker on Benzinga Pro in October. The stock was third in the past two months, but ranked first in July. 
Nvidia ranked second in October, dropping from first place over the last two months. The technology giant briefly passed Apple and Microsoft to be the<a href="https://www.benzinga.com/markets/equities/24/10/41551461/nvidia-overtakes-apple-as-worlds-most-valuable-company-again"> most valuable company in the world.</a>
One of the biggest movers in October was Trump Media &amp; Technology Group, a media company co-founded by former President Donald Trump. The stock has surged in recent weeks ahead of Election Day. Trump's odds of winning the 2024 presidential election have <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41635149/2024-election-odds-on-polymarket-kalshi-show-trump-will-win-why-they-might-be-wrong">increased across prediction markets</a> and sports betting apps.
The stock has also been highlighted as a potential <a href="https://www.benzinga.com/general/politics/24/10/41630878/djt-short-squeeze-could-push-stock-to-60-if-trump-wins-but-analysis-says-loss-could-make-shares-">short-squeeze stock </a>with high short interest. A 2024 election win by Trump could see the stock shoot higher. Likewise, the stock could fall significantly if Trump loses the election.
Trump Media &amp; Technology Group will likely be among the most searched tickers on Benzinga Pro in November with Election Day happening on Nov. 5. The stock was the 20th most searched ticker in September and wasn't in the top 20 in August or July, ranking just outside the top 20.
The SPDR S&amp;P 500 ETF Trust falls to fourth place from second in the past two months, likely due more to the surge in interest in the stocks mentioned above and not less interest in the S&amp;P 500 market index. Although it should be noted that the Invesco QQQ Trust ETF, which tracks the Nasdaq 100 Index, fell from sixth place to 15th in October, potentially signaling less interest in ETFs and market indexes.
Other newcomers to the top 10 were Bright Minds Biosciences, Tevogen Bio and Oklo, who have each not previously been among the top 20 most-searched tickers in any given month. Tevogen shares have fallen significantly in 2024, while Bight Minds Sciences and Oklo are each up over 100% in 2024.
Advanced Micro Devices also returned to the top 10, ranking seventh, which comes after falling out of the top 20 in September. The stock has regularly gone back and forth between the top 10 and top 20 each month in 2024.
Dropping out of the top 10 along with Invesco QQQ were Wheeler Real Estate Investment Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WHLR#NASDAQ">WHLR</a>), Galmed Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLMD#NASDAQ">GLMD</a>), Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) and Intuitive Machines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>). &nbsp;
Overall the month of October saw five of the same top 10 tickers from September and eight of the top 20 tickers from September.
Read Next: 
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<li><a href="https://www.benzinga.com/general/education/24/10/41665149/these-10-stocks-were-s-p-500s-top-performers-in-bidens-first-year-could-the-trend-continue-if-h">These 10 Stocks Were S&amp;P 500&#8217;s Top Performers In Biden&#8217;s First Year: Could Trend Continue If Harris Wins 2024 Election?</a></li>
</ul>

EXCLUSIVE: Top 20 Most-Searched Tickers On Benzinga Pro In October 2024 — Where Do Tesla, Nvidia, Apple, DJT Stock Rank?

<ul>
<li>DJT</li>
<li>NVDA</li>
<li>VKTX</li>
<li>TSLA</li>
<li>SMCI</li>
<li>LOT</li>
<li>AMD</li>
<li>PLTR</li>
<li>META</li>
<li>AAPL</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
&nbsp;

VKTX

Top 10 Trending Stocks On WallStreetBets As Of November 4, 2024 (Via Swaggy Stocks)

Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) maintained its upward momentum on Monday as it <a target="_blank" href="https://www.benzinga.com/markets/equities/24/11/41699259/nvidia-rides-ai-wave-to-replace-intel-on-dow-jones-industrial-average-ending-its-25-year-run" rel="noreferrer noopener">prepares to replace</a> Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) in the Dow Jones Industrial Average. Struggling chipmaker and key U.S. Chips Act contender Intel stock is trading lower on Monday.
S&amp;P Dow Jones Indices announced Friday that Nvidia and Sherwin-Williams Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHW#NYSE">SHW</a>) will join the index next week.
After 25 years on the Dow, Intel will be replaced by Nvidia, while Sherwin-Williams will take over from Dow Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>).
Also Read: <a target="_blank" href="https://www.benzinga.com/government/24/10/41601188/intel-strengthens-ties-with-china-invests-300-million-to-expand-chip-operations" rel="noreferrer noopener">Intel Strengthens Ties with China, Invests $300 Million to Expand Chip Operations</a>
This move reflects market shifts in chipmaking and further setbacks for Intel.
The Dow&#8217;s 30 components are weighted by share price, not market cap.
Nvidia positioned itself for inclusion by announcing a 10-for-1 stock split in May, reducing its share price without impacting market cap, allowing it to join without significantly affecting the index&#8217;s balance, CNBC <a target="_blank" href="https://www.cnbc.com/2024/11/01/nvidia-to-join-dow-jones-industrial-average-replacing-intel.html" rel="noreferrer noopener">reports</a>.
Nvidia&#8217;s revenue has surged, doubling in the past five quarters and tripling in three, as <a target="_blank" href="https://www.benzinga.com/news/24/10/41494373/whats-going-on-with-nvidia-stock-on-wednesday" rel="noreferrer noopener">demand for its</a> next-generation Blackwell AI GPU remains exceptionally high.
Tech giants like Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, and Amazon.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) are splurging on Nvidia&#8217;s GPUs, including the H100, to accomplish their AI ambitions.
Beth Kindig of&nbsp;I/O Fund&nbsp;expects&nbsp;Blackwell chips to help Nvidia reach a&nbsp;$10 trillion valuation&nbsp;by next year.&nbsp;
Meanwhile, Intel faces significant challenges. Once dominant in PC chip manufacturing, Intel has lost ground to Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) and has yet to progress in AI.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04063652/newplot-1.png" alt="" class="wp-image-627602" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04063652/newplot-1.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04063652/newplot-1-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
This week, Intel&#8217;s board approved cost-saving measures, including reducing its workforce by 16,500 employees and downsizing its real estate holdings—a plan first disclosed in August.
Intel stock plunged to 52% year-to-date, while Nvidia surged over 181%.
Price Actions: At last check on Monday, NVDA stock was up 1.92% at $138.01 premarket, while INTC was down 1.38%.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41688837/apple-satellite-connectivity-provider-globalstar-stock-surges-after-deal-extension" target="_blank" rel="noreferrer noopener">Apple Satellite Connectivity Provider Globalstar Stock Surges After Deal Extension</a></li>
</ul>
Image via Shutterstock

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GOOG

End Of An Era - AI Propels Nvidia To Replace Struggling Intel In Dow Index

The U.S. stock market experienced a setback at the end of October, breaking a five-month winning streak as election uncertainties and mixed tech <a href="https://www.benzinga.com/earnings">earnings dampened risk sentiment</a>.
A key measure of market turbulence, the CBOE Volatility Index, or VIX, surged by 34% last month, marking the third-largest increase for an October <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41665265/vix-index-notches-third-strongest-october-spike-in-an-election-year-s-p-500-snaps-5">in an election year.</a>
Tech giants' earnings were underwhelming, except for Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) and Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>). None of the other &#8220;Magnificent Seven&#8221; companies posted positive weekly performance. As a result, the Roundhill Magnificent Seven ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAGS#NASDAQ">MAGS</a>) fell nearly 2% for the week. This marks the worst weekly performance in two months.
Among mega-cap companies, the top performers for the week were Charter Communications Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHTR#NASDAQ">CHTR</a>) and Booking Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>), both rising approximately 9%. Booking also marked the strongest weekly gains since August 2022. 
The main laggards were Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) and Eli Lilly and Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>), down 9% and 8%, respectively, for the week. 
On the macroeconomic front, the U.S. economy saw a surprising slowdown in job growth in October, with <a href="https://www.benzinga.com/news/econ-s/24/11/41684710/us-economy-adds-only-12-000-jobs-in-october-sharply-misses-estimates-as-hurricane-strikes-pummel-hir">nonfarm payrolls increasing by just 12,000</a>—nearly a four-year low and well below the expected 113,000.
Factors such as hurricanes and strikes likely contributed to the hiring slowdown, while unemployment held relatively steady, indicating no significant rise in layoffs.
The labor market report has strengthened expectations for Federal Reserve rate cuts. Markets are fully pricing in a 25-basis-point cut at Thursday's meeting and assigning an 85% probability to a similar cut at the Fed&#8217;s final meeting of the year in of December.
<h3 class="wp-block-heading">State Betting Odds</h3>
As the 2024 U.S. presidential election approaches, state-by-state betting odds reveal a tight race between Donald Trump and Kamala Harris, with key battleground states like Pennsylvania, Michigan, and Arizona showing narrow margins, making them pivotal <a href="https://www.benzinga.com/general/sports-betting/24/10/41589659/trump-vs-harris-state-by-state-2024-election-betting-odds-which-candidate-is-favored-to-wi">in the final outcome.</a>
<h3 class="wp-block-heading">Gold ETF Surge</h3>
The SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>) saw $1.8 billion in inflows during October, its highest in over two years. Rising investment demand continues pushing gold toward record highs as investors turn to this safe-haven asset at a time of political <a href="https://www.benzinga.com/economics/macro-economic-events/24/10/41663633/biggest-gold-etf-posts-highest-monthly-inflows-in-2-5-years-as-investors-rush-to-">upheaval and fiscal uncertainty.</a>
Ford Halts F-150 Lightning Production
Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) is pausing F-150 Lightning production from Nov. 18 to Jan. 6, responding to Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)'s Cybertruck sales surge. The move aims to recalibrate production with demand and improve profitability for <a href="https://www.benzinga.com/news/24/11/41677673/ford-f-150-lightning-pickup-truck-production-to-be-halted-temporarily-after-teslas-cybertruck-races">the Michigan-based automaker.</a>
Now Read:
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<li><a href="https://www.benzinga.com/general/24/11/41693751/biden-can-blame-boeing-for-massive-jobs-data-miss">Biden Can Blame Boeing For Massive Jobs Data Miss</a></li>
</ul>
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Market Volatility Soars Ahead Of Elections, Tech Earnings Mixed, Strikes And Hurricanes Knock Employment Down: This Week In The Markets

In today's rapidly changing and highly competitive business world, it is vital for investors and industry enthusiasts to carefully assess companies. In this article, we will perform a comprehensive industry comparison, evaluating Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) against its key competitors in the Semiconductors &amp; Semiconductor Equipment industry. By analyzing important financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company's performance within the industry.
<h3>Advanced Micro Devices Background</h3>
Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers, industrial, and automotive applications. AMD's traditional strength was in central processing units and graphics processing units used in PCs and data centers. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox. In 2022, the firm acquired field-programmable gate array leader Xilinx to diversify its business and augment its opportunities in key end markets such as data center and automotive.
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>Advanced Micro Devices Inc</td>
<td>127.50</td>
<td>4.10</td>
<td>9.69</td>
<td>1.36%</td>
<td>$1.55</td>
<td>$3.42</td>
<td>17.57%</td>
</tr>
<tr>
<td>NVIDIA Corp</td>
<td>62.24</td>
<td>56</td>
<td>34.33</td>
<td>30.94%</td>
<td>$19.71</td>
<td>$22.57</td>
<td>122.4%</td>
</tr>
<tr>
<td>Taiwan Semiconductor Manufacturing Co Ltd</td>
<td>33.80</td>
<td>7.93</td>
<td>12.98</td>
<td>8.36%</td>
<td>$360.77</td>
<td>$439.35</td>
<td>38.95%</td>
</tr>
<tr>
<td>Broadcom Inc</td>
<td>137.10</td>
<td>12.08</td>
<td>16.81</td>
<td>-2.77%</td>
<td>$6.39</td>
<td>$8.36</td>
<td>47.27%</td>
</tr>
<tr>
<td>Texas Instruments Inc</td>
<td>37.76</td>
<td>10.73</td>
<td>11.87</td>
<td>7.9%</td>
<td>$1.76</td>
<td>$2.21</td>
<td>8.61%</td>
</tr>
<tr>
<td>Qualcomm Inc</td>
<td>20.82</td>
<td>7.35</td>
<td>4.92</td>
<td>8.67%</td>
<td>$2.87</td>
<td>$5.22</td>
<td>11.15%</td>
</tr>
<tr>
<td>ARM Holdings PLC</td>
<td>349.13</td>
<td>26.14</td>
<td>42.33</td>
<td>4.07%</td>
<td>$0.23</td>
<td>$0.91</td>
<td>39.11%</td>
</tr>
<tr>
<td>Analog Devices Inc</td>
<td>67.20</td>
<td>3.15</td>
<td>11.48</td>
<td>1.11%</td>
<td>$1.04</td>
<td>$1.31</td>
<td>-24.84%</td>
</tr>
<tr>
<td>Micron Technology Inc</td>
<td>142.36</td>
<td>2.45</td>
<td>4.44</td>
<td>1.99%</td>
<td>$3.63</td>
<td>$2.74</td>
<td>93.27%</td>
</tr>
<tr>
<td>Microchip Technology Inc</td>
<td>29.23</td>
<td>6.14</td>
<td>6.08</td>
<td>1.98%</td>
<td>$0.41</td>
<td>$0.74</td>
<td>-45.76%</td>
</tr>
<tr>
<td>ON Semiconductor Corp</td>
<td>17.49</td>
<td>3.50</td>
<td>4.16</td>
<td>4.11%</td>
<td>$0.58</td>
<td>$0.78</td>
<td>-17.15%</td>
</tr>
<tr>
<td>STMicroelectronics NV</td>
<td>11.17</td>
<td>1.39</td>
<td>1.79</td>
<td>3.51%</td>
<td>$1.31</td>
<td>$1.15</td>
<td>-25.29%</td>
</tr>
<tr>
<td>First Solar Inc</td>
<td>16.76</td>
<td>2.74</td>
<td>5.43</td>
<td>4.22%</td>
<td>$0.45</td>
<td>$0.45</td>
<td>10.81%</td>
</tr>
<tr>
<td>ASE Technology Holding Co Ltd</td>
<td>18.68</td>
<td>2.14</td>
<td>1.12</td>
<td>2.62%</td>
<td>$26.08</td>
<td>$23.07</td>
<td>2.91%</td>
</tr>
<tr>
<td>GLOBALFOUNDRIES Inc</td>
<td>25.01</td>
<td>1.79</td>
<td>2.95</td>
<td>1.38%</td>
<td>$0.56</td>
<td>$0.4</td>
<td>-11.54%</td>
</tr>
<tr>
<td>United Microelectronics Corp</td>
<td>10.38</td>
<td>1.54</td>
<td>2.43</td>
<td>3.76%</td>
<td>$27.9</td>
<td>$19.98</td>
<td>0.89%</td>
</tr>
<tr>
<td>Skyworks Solutions Inc</td>
<td>18.09</td>
<td>2.21</td>
<td>3.23</td>
<td>1.9%</td>
<td>$0.25</td>
<td>$0.36</td>
<td>-15.47%</td>
</tr>
<tr>
<td>Universal Display Corp</td>
<td>36.21</td>
<td>5.39</td>
<td>13.35</td>
<td>3.47%</td>
<td>$0.07</td>
<td>$0.12</td>
<td>8.15%</td>
</tr>
<tr>
<td>MACOM Technology Solutions Holdings Inc</td>
<td>113.54</td>
<td>7.51</td>
<td>12.06</td>
<td>1.88%</td>
<td>$0.04</td>
<td>$0.1</td>
<td>28.25%</td>
</tr>
<tr>
<td>Lattice Semiconductor Corp</td>
<td>37.25</td>
<td>9.99</td>
<td>11.22</td>
<td>3.28%</td>
<td>$0.04</td>
<td>$0.08</td>
<td>-34.72%</td>
</tr>
<tr>
<td>Average</td>
<td>62.33</td>
<td>8.96</td>
<td>10.68</td>
<td>4.86%</td>
<td>$23.9</td>
<td>$27.89</td>
<td>12.47%</td>
</tr>
</tbody>
</table>
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 </style>When analyzing Advanced Micro Devices, the following trends become evident: 
<ul>
<li>
Notably, the current Price to Earnings ratio for this stock, 127.5, is 2.05x above the industry norm, reflecting a higher valuation relative to the industry.
</li>
<li>
With a Price to Book ratio of 4.1, significantly falling below the industry average by 0.46x, it suggests undervaluation and the possibility of untapped growth prospects.
</li>
<li>
The Price to Sales ratio is 9.69, which is 0.91x the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
The Return on Equity (ROE) of 1.36% is 3.5% below the industry average, suggesting potential inefficiency in utilizing equity to generate profits.
</li>
<li>
The company has lower Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $1.55 Billion, which is 0.06x below the industry average. This potentially indicates lower profitability or financial challenges.
</li>
<li>
With lower gross profit of $3.42 Billion, which indicates 0.12x below the industry average, the company may experience lower revenue after accounting for production costs.
</li>
<li>
The company is experiencing remarkable revenue growth, with a rate of 17.57%, outperforming the industry average of 12.47%.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730473232_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio provides insights into the proportion of debt a company has in relation to its equity and asset value.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
By considering the Debt-to-Equity ratio, Advanced Micro Devices can be compared to its top 4 peers, leading to the following observations:
<ul>
<li>
Advanced Micro Devices has a stronger financial position compared to its top 4 peers, as evidenced by its lower debt-to-equity ratio of 0.04.
</li>
<li>
This suggests that the company has a more favorable balance between debt and equity, which can be perceived as a positive indicator by investors.
</li>
</ul>
<h3>Key Takeaways</h3>
For Advanced Micro Devices, the PE ratio is high compared to peers, indicating potentially overvalued stock. The PB and PS ratios are low, suggesting undervaluation relative to industry competitors. In terms of ROE, EBITDA, and gross profit, Advanced Micro Devices lags behind peers, indicating lower profitability and operational efficiency. However, the high revenue growth rate sets Advanced Micro Devices apart from its industry counterparts, showing strong potential for future growth and market expansion.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Comparative Study: Advanced Micro Devices And Industry Competitors In Semiconductors &amp; Semiconductor Equipment Industry

Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) shares are trading lower by 14% to $142.44 since Wednesday&#8217;s open after the company reported third-quarter results. The company posted revenue of $6.8 billion, which <a href="https://www.benzinga.com/news/earnings/24/10/41612007/amd-q3-earnings-revenue-beat-eps-in-line-data-center-up-122-significant-growth-opportunities-ahead-">exceeded analyst expectations</a> of $6.71 billion. Earnings per share aligned with projections at 92 cents.
What To Know: AMD&#8217;s data center segment was the driving force behind the company&#8217;s growth, achieving a 122% increase to $3.5 billion. The company also saw a 29% rise in client segment revenue, totaling $1.9 billion. 
However, gaming revenue experienced a steep decline of 69% to $462 million, and embedded revenue fell 25% to $927 million, though embedded revenue saw an 8% sequential quarterly increase.
CEO Lisa Su attributed AMD's results to high demand for the company's EPYC and Instinct data center products, as well as Ryzen processors in the PC segment. She also projected further growth opportunities across data center, client and embedded business sectors, driven by escalating demand for computing power. 
Looking ahead, AMD forecasts fourth-quarter revenue of $7.5 billion, representing a 22% year-over-year increase at the midpoint. Adjusted gross margins for the fourth-quarter are expected to remain consistent at 54%.
Read Also: <a href="https://www.benzinga.com/news/econ-s/24/11/41684710/us-economy-adds-only-12-000-jobs-in-october-sharply-misses-estimates-as-hurricane-strikes-pummel-hir">US Economy Adds Only 12,000 Jobs In October, Sharply Misses Estimates As Hurricanes, Strikes Pummel Hiring</a>
Analyst Reactions: The company's expansion in artificial intelligence (AI) and data center solutions has drawn positive reactions from analysts, who suggest AMD could increasingly challenge its main competitor, NVIDIA, in the AI domain. 
KeyBanc analyst John Vinh <a href="https://www.benzinga.com/analyst-ratings/price-target/24/10/41634850/amd-stock-drops-on-q4-outlook-as-10-analysts-highlight-long-term-ai-growth-opportuni">noted the importance</a> of AMD's MI300 chip, which is projected to generate $5 billion in revenue by 2024. 
Vinh believes that this chip could broaden customer adoption across cloud and AI applications, despite conservative fourth quarter guidance. 
Cantor Fitzgerald analyst C.J. Muse pointed out that AMD's AI progress with the MI300 may eventually generate $12 billion in revenue, supporting potential earnings growth by 2025 or 2026, even though he anticipates a short-term trading range for AMD shares.
Other analysts provided mixed assessments. Oppenheimer&#8217;s Rick Schafer commended AMD's rapid establishment of a competitive AI franchise, projected to surpass $5 billion in annual revenue, though he suggested that investor expectations might be overly ambitious. 
Meanwhile, Piper Sandler's Harsh Kumar highlighted strong GPU execution but acknowledged challenging guidance, noting that while AMD's GPU and server segments are promising, gaming and embedded segments pose risks.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/price-target/24/10/41634850/amd-stock-drops-on-q4-outlook-as-10-analysts-highlight-long-term-ai-growth-opportuni">AMD Stock Drops On Q4 Outlook As 10 Analysts Highlight &#8216;Long-Term AI Growth Opportunity,&#8217; Nvidia Rivalry</a>

AMD Stock Is Getting Hammered This Week: What's Going On?

Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) has a Gaudi problem on its hands – the chipmaker revealed that its AI accelerator won't even make $500 million in 2024, falling short of <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41685301/analyst-throws-support-behind-intel-ceo-gelsinger-after-better-than-expected-q3-res">CEO Pat Gelsinger's target</a> of $1 billion to $2 billion.
What Happened: Gelsinger revealed during Intel's third-quarter earnings call that the Gaudi AI accelerator program will fall short of revenue targets due to a transition from second to third generation.
"The overall uptake of Gaudi has been slower than we anticipated as adoption rates were impacted by the product transition from Gaudi 2 to Gaudi 3 and software ease of use," Gelsinger said.
"As a result, we will not achieve our target of 500 million in revenue for Gaudi in 2024. That said, taking a longer term view, we remain encouraged by the market available to us."
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
This comes at a critical time for Intel – the iconic chipmaker's stock is down nearly 55% in 2024 so far, which has drawn attention from rival Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), which is <a href="https://www.benzinga.com/news/24/09/40968128/qualcomm-reportedly-eyes-potential-takeover-of-intel-amid-60-stock-decline-but-antitrust-concerns-lo">reportedly eyeing a takeover of Intel</a>.
While it is not clear if this will eventually materialize, it points to a weak phase that Intel is going through.
Three of the biggest chip makers – Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Intel, and Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) – all have their respective data center business segments which have gained traction in 2023.
See Also: <a href="https://www.benzinga.com/markets/equities/24/10/41328252/apples-iphone-16-powers-record-sales-in-q3-just-behind-samsung-in-global-market-share-battle">Apple&#8217;s iPhone 16 Powers Record Sales In Q3, Just Behind Samsung In Global Market Share Battle</a>
While Intel led in 2022, the company's data center revenue started declining in 2023, coinciding with Nvidia's rise. On the other hand, 2022 and 2023 were both lukewarm for AMD, but it started gathering pace in the fourth quarter of 2023.
Here's how Nvidia, Intel, and AMD's data center business has performed since 2022.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Period</td>
<td>Nvidia</td>
<td>Intel</td>
<td>AMD</td>
</tr>
<tr>
<td>Q1 2022</td>
<td>$3.8B</td>
<td>$6.1B</td>
<td>$1.3B</td>
</tr>
<tr>
<td>Q2 2022</td>
<td>$3.8B</td>
<td>$4.7B</td>
<td>$1.5B</td>
</tr>
<tr>
<td>Q3 2022</td>
<td>$3.8B</td>
<td>$4.4B</td>
<td>$1.6B</td>
</tr>
<tr>
<td>Q4 2022</td>
<td>$3.6B</td>
<td>$4.6B</td>
<td>$1.7B</td>
</tr>
<tr>
<td>Q1 2023</td>
<td>$4.3B</td>
<td>$3.7B</td>
<td>$1.3B</td>
</tr>
<tr>
<td>Q2 2023</td>
<td>$10.3B</td>
<td>$4.0B</td>
<td>$1.3B</td>
</tr>
<tr>
<td>Q3 2023</td>
<td>$14.5B</td>
<td>$3.8B</td>
<td>$1.6B</td>
</tr>
<tr>
<td>Q4 2023</td>
<td>$18.4B</td>
<td>$4B</td>
<td>$2.3B</td>
</tr>
<tr>
<td>Q1 2024</td>
<td>$22.6B</td>
<td>$3B</td>
<td>$2.3B</td>
</tr>
<tr>
<td>Q2 2024</td>
<td>$26.3B</td>
<td>$3B</td>
<td>$2.8B</td>
</tr>
<tr>
<td>Q3 2024</td>
<td>TBA</td>
<td>$3.3B</td>
<td>$3.5B</td>
</tr>
</tbody>
</table>
</figure>
Source: Nvidia, Intel, and AMD &#x7C; Nvidia's Q3 2024 results have not been announced yet.
Nvidia Rides AI Boost: Unsurprisingly, Nvidia's stock has also massively benefited from its dominance in AI chips – the Jensen Huang-led company has risen to the top, dethroning Apple on multiple occasions to become the world's most valuable company by market capitalization.
Nvidia's current market capitalization stands at $3.256 trillion, while Intel's is $92.73 billion and AMD's is $233.8 billion.
Gelsinger maintained an optimistic outlook, saying&nbsp;"We remain encouraged by the market available to us. There is a clear need for solutions with superior [total cost of ownership] based on open standards, and we are continuing to enhance the Gaudi value proposition."
For the quarter that just ended, Intel reported $13.28 billion in revenue, beating Street estimates of $13.02 billion.
Price Action: Intel's shares were up 6.8% in premarket trading on Friday at $22.98, according to Benzinga Pro data.
Nvidia's stock was up 1.1% at $134.27, while AMD stock was up 0.6% at $144.99.
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/23/12/36199410/nvidias-ai-chips-eat-intels-lunch-heres-how-much-more-youd-have-made-if-you-invested-1-000-in-je">Nvidia&#8217;s AI Chips Eat Intel&#8217;s Lunch: Here&#8217;s How Much More You&#8217;d Have Made If You Invested $1,000 In Jensen Huang&#8217;s Company Instead Of Intel In 2023</a></li>
</ul>
Photos courtesy: Shutterstock

QCOM

Intel Says It Won't Even Make $500M From Gaudi AI Chips In 2024 Despite Nvidia Minting Billions: CEO Gelsinger Says Uptake 'Slower Than We Anticipated'

<ul>
<li>AMZN</li>
<li>INTC</li>
<li>NVDA</li>
<li>AAPL</li>
<li>DJT</li>
<li>SMCI</li>
<li>LOT</li>
<li>AMD</li>
<li>MSFT</li>
<li>META</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
&nbsp;

Top 10 Trending Stocks On WallStreetBets As Of November 1, 2024 (Via Swaggy Stocks)

Patrick Moorhead, CEO and chief analyst of Moor Insights &amp; Strategy, has expressed strong support for CEO Pat Gelsinger following Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) <a href="https://www.benzinga.com/news/earnings/24/10/41665395/intel-stock-climbs-on-better-than-expected-q3-results-details">posting impressive third-quarter earnings</a>. Moorhead shared his views during a segment on Market Domination Overtime.
What Happened: Moorhead emphasized that the recent earnings report should bolster investor confidence in Gelsinger&#8217;s leadership during an interview with Yahoo Finance after Intel reported its earnings on Thursday. 
&#8220;It gives me confidence and it should give investors confidence.&#8221; The analyst highlighted that the positive results and future guidance are strong indicators of Gelsinger&#8217;s effective management.
Addressing any doubts about Gelsinger&#8217;s role, Moorhead questioned, &#8220;If you&#8217;re questioning Pat as the leader, then who else?&#8221; 
He suggested that the latest earnings announcement should dispel any uncertainties regarding Gelsinger&#8217;s performance. Moorhead concluded that the third quarter&#8217;s achievements and the outlook are promising signs for the company&#8217;s direction.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&quot;The biggest takeaway is solid operational performance with a solid guide,&quot; Moor Insights &amp; Strategy founder <a href="https://twitter.com/PatrickMoorhead?ref_src=twsrc%5Etfw">@PatrickMoorhead</a> says on <a href="https://twitter.com/search?q=%24INTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$INTC</a> Q3 earnings. &quot;The Street is definitely reacting to that $260 million beat on revenue.&quot; <a href="https://t.co/UX92hxsWGX">pic.twitter.com/UX92hxsWGX</a>
&mdash; Yahoo Finance (@YahooFinance) <a href="https://twitter.com/YahooFinance/status/1852087648984178889?ref_src=twsrc%5Etfw">October 31, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/earnings/24/10/41649540/amazon-earnings-are-imminent-here-are-the-recent-forecast-changes-from-wall-streets-most-accurate-a?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Amazon Earnings Are Imminent; Here Are The Recent Forecast Changes From Wall Street&#8217;s Most Accurate Analy</a>
Why It Matters: The support for Gelsinger comes at a crucial time for Intel. In September, reports highlighted the<a href="https://www.benzinga.com/markets/equities/24/09/40745734/intel-ceo-pat-gelsinger-under-growing-pressure-as-chipmaker-evaluates-major-ai-strategy-overhaul"> pressure on Gelsinger</a> to revamp Intel&#8217;s AI strategy amid fierce competition from Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>).
Intel&#8217;s AI chip sales, particularly the Gaudi 3, are expected to generate $500 million this year, significantly trailing Nvidia&#8217;s multibillion-dollar sales.
However, the recent third-quarter results have provided a<a href="https://www.benzinga.com/news/earnings/24/10/41665395/intel-stock-climbs-on-better-than-expected-q3-results-details"> positive outlook for the company.</a> Intel reported a quarterly revenue of $13.28 billion, surpassing the consensus estimate of $13.02 billion. 
Price Action: Intel was trading 6.09% higher during pre-market hours on Friday as per <a href="https://pro.benzinga.com">Benzinga Pro</a>.
Read Next: 
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<li><a href="https://www.benzinga.com/general/entertainment/24/10/41616337/google-bought-youtube-for-1-65b-and-now-it-prints-50b-in-revenue-just-in-1-year-sundar-pich?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Google Bought YouTube For $1.65B And Now It Prints $50B In Revenue Just In 1 Year — Sundar Pichai Says Alphabet &#8216;Leaning Into The Living Room Experience&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Shutterstock

Analyst Color

General

Analyst Throws Support Behind Intel CEO Gelsinger After Better-Than-Expected Q3 Results: 'If You're Questioning Pat As The Leader, Then Who Else?'

Reported Earlier, Fujitsu And AMD Join Forces For Sustainable AI Computing, To Accelerate Open-Source Innovations

WIIM

AMAT

ENTG

KLAC

LRCX

MCHP

MRVL

NXPI

SWKS

Shares of semiconductor stocks are trading lower. The sector may be under pressure following recent earnings from multiple companies in the sector.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$28.00</td>
<td>$26.2K</td>
<td>773</td>
<td>7.1K</td>
</tr>
<tr>
<td>ENPH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$100.00</td>
<td>$42.8K</td>
<td>2.4K</td>
<td>5.3K</td>
</tr>
<tr>
<td>MSFT</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/01/24</td>
<td>$415.00</td>
<td>$25.2K</td>
<td>5.8K</td>
<td>4.7K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/01/24</td>
<td>$245.00</td>
<td>$37.8K</td>
<td>1.6K</td>
<td>3.9K</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$140.00</td>
<td>$87.3K</td>
<td>18.3K</td>
<td>3.5K</td>
</tr>
<tr>
<td>WOLF</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$15.00</td>
<td>$360.7K</td>
<td>9.8K</td>
<td>1.9K</td>
</tr>
<tr>
<td>GDDY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$160.00</td>
<td>$30.8K</td>
<td>157</td>
<td>1.1K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$18.00</td>
<td>$179.4K</td>
<td>410</td>
<td>1.0K</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$225.00</td>
<td>$29.8K</td>
<td>16.4K</td>
<td>935</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$200.00</td>
<td>$28.1K</td>
<td>1.2K</td>
<td>654</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a put option trade that happens to be bullish, expiring in 8 day(s) on November 8, 2024. This event was a transfer of 100 contract(s) at a $28.00 strike. The total cost received by the writing party (or parties) was $26.2K, with a price of $262.0 per contract. There were 773 open contracts at this strike prior to today, and today 7155 contract(s) were bought and sold. 
• Regarding ENPH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>), we observe a call option sweep with bearish sentiment. It expires in 15 day(s) on November 15, 2024. Parties traded 343 contract(s) at a $100.00 strike. This particular call needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $42.8K, with a price of $125.0 per contract. There were 2430 open contracts at this strike prior to today, and today 5309 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a put option trade that happens to be neutral, expiring in 1 day(s) on November 1, 2024. This event was a transfer of 35 contract(s) at a $415.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $720.0 per contract. There were 5861 open contracts at this strike prior to today, and today 4742 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option trade with neutral sentiment. It expires in 1 day(s) on November 1, 2024. Parties traded 40 contract(s) at a $245.00 strike. The total cost received by the writing party (or parties) was $37.8K, with a price of $945.0 per contract. There were 1697 open contracts at this strike prior to today, and today 3983 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a put option sweep that happens to be bearish, expiring in 15 day(s) on November 15, 2024. This event was a transfer of 257 contract(s) at a $140.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $87.3K, with a price of $340.0 per contract. There were 18364 open contracts at this strike prior to today, and today 3512 contract(s) were bought and sold. 
• Regarding WOLF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>), we observe a call option sweep with bullish sentiment. It expires in 50 day(s) on December 20, 2024. Parties traded 1950 contract(s) at a $15.00 strike. This particular call needed to be split into 54 different trades to become filled. The total cost received by the writing party (or parties) was $360.7K, with a price of $185.0 per contract. There were 9876 open contracts at this strike prior to today, and today 1975 contract(s) were bought and sold. 
• Regarding GDDY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDDY#NYSE">GDDY</a>), we observe a call option trade with bullish sentiment. It expires in 78 day(s) on January 17, 2025. Parties traded 24 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $30.8K, with a price of $1285.0 per contract. There were 157 open contracts at this strike prior to today, and today 1125 contract(s) were bought and sold. 
• Regarding MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we observe a call option sweep with bullish sentiment. It expires in 232 day(s) on June 20, 2025. Parties traded 370 contract(s) at a $18.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $179.4K, with a price of $485.0 per contract. There were 410 open contracts at this strike prior to today, and today 1016 contract(s) were bought and sold. 
• For FSLR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), we notice a call option trade that happens to be bearish, expiring in 15 day(s) on November 15, 2024. This event was a transfer of 40 contract(s) at a $225.00 strike. The total cost received by the writing party (or parties) was $29.8K, with a price of $745.0 per contract. There were 16447 open contracts at this strike prior to today, and today 935 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option trade that happens to be bearish, expiring in 1 day(s) on November 1, 2024. This event was a transfer of 10 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $28.1K, with a price of $2810.0 per contract. There were 1209 open contracts at this strike prior to today, and today 654 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

ENPH

FSLR

GDDY

MARA

WOLF

10 Information Technology Stocks With Whale Alerts In Today's Session

AMD Unveils Next-Gen Ryzen 7 9800X3D Processor With 2nd Gen 3D V-Cache Technology, Promising Enhanced Gaming Performance And Overclocking Capabilities; Delivers Up To 8% Faster Performance Over Prior Gen And 20% Faster Than Competition

Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) CEO Lisa Su provided a deeper look into the future of AMD's data center AI business during the company's earnings call on Tuesday and shared her view on <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/10/41631842/amd-making-great-progress-with-ai-giants-jim-cramer-says-ai-chip-story-is-not-just-jense">competition in the market.&nbsp;</a>
The Details: AMD reported strong growth in its Data Center segment operating income which more than tripled compared to the prior year and accounted for 52% of<a href="https://www.benzinga.com/news/earnings/24/10/41612007/amd-q3-earnings-revenue-beat-eps-in-line-data-center-up-122-significant-growth-opportunities-ahead-"> total revenue</a> in the third quarter.&nbsp;
On the company's post-earnings conference call, Su highlighted partnerships with major AI players Meta, Microsoft, Oracle and others and projected sales to exceed $5 billion for the year. Su attributed the growth to the ramp of AI data center GPU revenue "as MI300X adoption expanded with cloud, OEM, and AI customers."
"Look, we&#8217;ve been extremely pleased with the progress there. I think the market environment has certainly gotten better over the last couple of quarters," Su said.&nbsp;
Read More: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41431993/amd-to-benefit-from-ai-competitive-arms-race-goldman-sachs">AMD To Benefit From AI &#8216;Competitive Arms Race&#8217;: Goldman Sachs</a>
The CEO also sees room for even more growth in the company's Data Center AI business and the size of the total addressable market (TAM).&nbsp;
"In the Data Center alone, we expect the AI accelerator TAM will grow at more than 60% annually to $500 billion in 2028. To put that in context, this is roughly equivalent to annual sales for the entire semiconductor industry in 2023," Su said. 
The AMD CEO sees the company's roadmap strengthening over time and "closing the gap" with chip giant Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>).&nbsp;
"We have, with our accelerated road map, actually closed a good part of that gap. I think MI325 is a great product. It&#8217;s going to compete very well with H200, and the MI350 series will compete very well with Blackwell," Su said on the conference call. 
She highlighted the spectrum of AI <a href="https://www.benzinga.com/analyst-ratings/price-target/24/10/41634850/amd-stock-drops-on-q4-outlook-as-10-analysts-highlight-long-term-ai-growth-opportuni">use cases</a> and emphasized that there are "lots of opportunities across the set of AI workloads." Su also pointed to AMD's portfolio advantage from a data center retrofit standpoint because the infrastructure is the same and customers can update easily.&nbsp;
"What I will say is customers are very, very open to AMD. And we see that everywhere we go, everyone is giving us a very fair shot at earning their business, and that&#8217;s what we intend to do," Su said.&nbsp;
AMD Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Advanced Micro Devices shares ended Wednesday's session 10.6% lower at $148.60.&nbsp;&nbsp;
Read Also:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41612293/reddit-stock-soars-after-strong-q3-results-q4-guidance-above-estimates-dauqs-grow-17-and-more">Reddit Stock Soars After Strong Q3 Results, Q4 Guidance Above Estimates: DAUq&#8217;s Grow 17% And More</a></li>
</ul>
Image: Shutterstock&nbsp;

AMD's AI Data Center Business Booms: CEO Says It's 'Closed A Good Part Of That Gap' With Nvidia

Benchmark analyst Cody Acree reiterates Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) with a Buy and maintains $200 price target.

Price Target

Reiteration

Analyst Ratings

Benchmark Reiterates Buy on Advanced Micro Devices, Maintains $200 Price Target

Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO Mark Zuckerberg revealed during the company&#8217;s <a href="https://www.benzinga.com/news/earnings/24/10/41637326/meta-platforms-q3-earnings-revenue-beat-eps-beat-daily-actives-up-5-strong-momentum-in-ai">third quarter 2024 earnings call</a> that Meta is developing its next-generation AI model, Llama 4, using what he described as an unprecedented computing infrastructure of more than 100,000 NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) H100 GPUs.
What Happened: &#8220;We&#8217;re training the Llama 4 models on a cluster that is bigger than 100,000 H100s or bigger than anything that I&#8217;ve seen reported for what others are doing,&#8221; Zuckerberg said during the earnings call. 
The new models are expected to be ready in early 2025, with smaller versions launching first.
Zuckerberg also highlighted how Meta&#8217;s open-source approach to Llama is yielding benefits through chip optimization from major semiconductor manufacturers. &#8220;What we&#8217;re seeing is that as Llama gets adopted more, you&#8217;re seeing folks like NVIDIA and Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) optimize their chips more to run Llama specifically well, which clearly benefits us,&#8221; he explained.
The Meta CEO drew parallels to the company&#8217;s previous success with its Open Compute Project, noting that sharing technological designs led to industry standardization and cost savings. This strategy appears to be repeating with Llama, as chip manufacturers optimize their hardware specifically for the AI model.
The upcoming Llama 4 is expected to feature significant improvements over its predecessor, with Zuckerberg indicating it will be &#8220;a big deal on several fronts, new modalities, capabilities, stronger reasoning, and much faster.&#8221;
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41638933/riot-platforms-stock-falls-after-worse-than-expected-q3-results">Riot Platforms Stock Falls After Worse-Than-Expected Q3 Results</a>
Why It Matters: The development of Llama 4 is a significant step for Meta Platforms, especially given the company&#8217;s recent strong financial performance. Meta Platforms reported third-quarter revenue of $40.59 billion, beating <a href="https://www.benzinga.com/news/earnings/24/10/41637326/meta-platforms-q3-earnings-revenue-beat-eps-beat-daily-actives-up-5-strong-momentum-in-ai">analyst estimates</a> of $40.29 billion. The company also reported third-quarter adjusted earnings of $6.03 per share, surpassing analyst estimates of $5.25 per share.
Despite this, Meta Platforms has faced some internal challenges, including the recent firing of approximately two dozen employees, including one earning $400,000 per year, for <a href="https://www.benzinga.com/startups/24/10/41565180/a-400kyear-meta-employee-fired-for-violating-meal-credit-policy-bought-tea-and-toothpaste-calls-it-a">violating the company&#8217;s meal credit rules</a>.
Price Action: Meta stock closed at $591.80, down 0.25% on Wednesday. In after-hours trading, the stock declined further, dropping 3.18%. Year to date, Meta has shown substantial growth, surging by 70.90%, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41636770/microsoft-q1-earnings-highlights-ai-driven-transformation-is-changing-work-company-beats-revenue-ep">Microsoft Q1 Earnings Highlights: &#8216;AI-Driven Transformation Is Changing Work,&#8217; Company Beats Revenue, EPS Estimates</a></li>
</ul>
Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Mark Zuckerberg Says Meta's Open-Source Gambit Is Paying Off As Nvidia And AMD Optimize For Llama: 'A Big Deal On Several Fronts'

On Wednesday, Cathie Wood-led Ark Invest made some significant trades, with the most notable ones involving Tesla Inc (TSLA), Advanced Micro Devices Inc (AMD), and Palantir Technologies Inc (PLTR).
The Tesla Trade: Ark Invest&#8217;s ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>) and ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>) sold a total of 62,151 shares of Tesla. Based on Tesla's closing price of $257.55 on Wednesday, the value of this trade is approximately $16 million. 
This move followed <a href="https://www.benzinga.com/markets/equities/24/10/41615718/cathie-woods-sky-high-vision-dumps-shares-of-cybercab-touting-tesla-for-this-evtol-play">Ark&#8217;s recent decision</a> to buy a substantial amount of Archer Aviation Inc (ACHR) shares on both Tuesday and Wednesday while selling shares of the Elon Musk-led company.
ARK Investment Management projects that Tesla&#8217;s driverless ride-hailing service could tap into an <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41593922/cathie-woods-ark-invest-sees-tesla-unlocking-11-trillion-revenue-potential-with-rob">$11 trillion revenue market</a>, leveraging low operating costs to undercut current ride-hail prices. Tesla aims to launch this service next year in Texas and California, initially with drivers, and targets fully autonomous rides pending regulatory approval. Even so, the Wood-led firm has been on a Tesla share-selling spree lately.
The AMD Trade: Ark Invest bought a total of 111,080 shares of Advanced Micro Devices across its ARKK, ARKW, ARK Autonomous Technology &amp; Robotics ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKQ#BATS">ARKQ</a>) and ARK Space Exploration &amp; Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKX#BATS">ARKX</a>). This move comes in the wake of AMD&#8217;s <a href="https://www.benzinga.com/news/earnings/24/10/41612007/amd-q3-earnings-revenue-beat-eps-in-line-data-center-up-122-significant-growth-opportunities-ahead-">impressive Q3 earnings report</a>, which revealed a year-over-year revenue increase of 18%. The value of this trade, based on AMD&#8217;s closing price of $148.6 on Wednesday, is approximately $16.5 million.
The Palantir Trade: Ark Invest sold a total of 372,730 shares of Palantir Technologies across its ARKK, ARKQ, ARKW, and ARKX ETFs. Despite Palantir&#8217;s <a href="https://www.benzinga.com/news/24/10/41554264/palantir-technologies-stock-reaches-new-52-week-high-whats-going-on">recent 52-week high</a> and a strategic partnership with L3Harris Technologies Inc (LHX), Ark decided to reduce its stake. The value of this trade, based on Palantir&#8217;s closing price of $43.69 on Wednesday, is approximately $16.3 million.
See Also: <a href="https://www.benzinga.com/markets/equities/24/10/41568577/elon-musk-channels-warren-buffett-as-teslas-stock-booms-after-strong-q3-having-a-publicly-traded?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Channels Warren Buffett As Tesla&#8217;s Stock Booms After Strong Q3: &#8216;Having A Publicly Traded Company Is Like…&#8217;</a> 
Other Key Trades:
<ul>
<li>Cathie Wood Purchased 689365 shares of Archer Aviation Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>) through its ARKK ETF. This transaction was valued at $2.3 million.</li>
<li>The firm bought 3426 shares of Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), worth $2.03 million, through its ARKK and ARKW ETFs.</li>
<li>Ark Invest bought shares of Absci Corp (ABSI) and shares of Cerus Corp (CERS) through its ARKG ETF. </li>
</ul>
Image via Benzinga YouTube and Unsplash
Read Next: 
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41616239/shytoshi-kusama-touts-shiba-inu-lifetime-gains-of-33774726-we-still-have-far-to-go-and-muc?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Shytoshi Kusama Touts Shiba Inu Lifetime Gains Of 33774726%: &#8216;We Still Have Far To Go And Much Work To Be Done&#8217;</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Cathie Wood Shuffles Her Tech Deck: Continues Dumping Tesla And Palantir, Stocks Up On AMD And Meta

Advanced Micro Devices Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) analysts make a case for the company to gain market share in several sectors as it works to compete against NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and grow its AI business, as evidenced in <a href="https://www.benzinga.com/news/earnings/24/10/41612007/amd-q3-earnings-revenue-beat-eps-in-line-data-center-up-122-significant-growth-opportunities-ahead-" target="_blank" rel="noopener">third-quarter results.</a><a href="https://www.benzinga.com/news/earnings/24/10/41612007/amd-q3-earnings-revenue-beat-eps-in-line-data-center-up-122-significant-growth-opportunities-ahead-"> </a>
The AMD Analysts: 
<ul>
<li>KeyBanc analyst John Vinh reiterated an Overweight rating with a $220 price target.</li>
<li>Cantor Fitzgerald analyst C.J. Muse reiterated an Overweight rating with a $180 price target.</li>
<li>Oppenheimer analyst Rick Schafer maintained a Perform rating with no price target.</li>
<li>Piper Sandler analyst Harsh Kumar reiterated an Overweight rating and lowered the price target from $200 to $180.</li>
<li>Roth MKM analyst Suji Desilva maintained a Buy rating with a $200 price target.</li>
<li>Truist analyst William Stein maintained a Hold rating with a $156 price target.</li>
<li>Morgan Stanley analyst Joseph Moore maintained an Equal-weight rating and lowered the price target from $178 to $169.</li>
<li>Goldman Sachs analyst Toshiya Hari maintained a Buy rating with a $175 price target.</li>
<li>Northland Capital analyst Gus Richard maintained an Outperform rating with a $175 price target.</li>
<li>Rosenblatt analyst Hans Mosesmann reiterated a Buy rating with a $250 price target.</li>
</ul>
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41579487/amd-q3-earnings-preview-can-ai-server-gains-help-narrow-the-semiconductor-gap-with-">AMD Q3 Earnings Preview: Can AI, Server Gains Help Narrow The Semiconductor Gap With Nvidia?</a>
KeyBanc on AMD: Data center segment revenue, up 122% year over year, was part of what Vinh called AMD&#8217;s "solid results" in the third quarter.
The analyst said MI300&#8217;s outlook for 2024 to $5 billion was positive, but the company's fourth-quarter guidance came in below expectations.
"While we are disappointed in 4Q guidance, we're encouraged by the strong results in Data Center across MI300 and server CPU," Vinh said.
Vinh said the strong ramp of MI300 shipments could expand customer adoption in the cloud and AI sectors.
Cantor Fitzgerald on AMD: The company's quarterly results were "disappointing" for Muse.
The analyst said the key takeaway was MI300 doing well.
"We have continued to point to $12B as the magic MI300 target to support $6.00 in earnings power," Muse said.
The analyst believes the company will reach the figure, but the question is whether it will happen in 2025 or 2026.
"In the interim, we view shares largely range-bound in the $150-$170 territory until we gain line of sight to this earnings power."
Oppenheimer on AMD: The company's data center and AI segments were positives in the quarter for Schafer.
"Mgmt's built an impressive AI franchise in short order. From nothing 12 months ago, AI is expected to contribute &gt;$5B this year," Schafer said.
The analyst said investor expectations are out of reach and the bar could be too high.
"We expect Street numbers to come down Wednesday and remain sidelined until the path to sustained upside becomes clearer."
Piper Sandler on AMD: The quarterly results show GPU execution but come with disappointing guidance, Kumar said in a new investor note.
"The highlight of the call was that 2024 GPU revenues are expected to be above $5B, which had been the benchmark for investors," Kumar said.
The analyst said AMD's GPUs and client and server businesses could stand out in the future, while gaming and embedded will be headwinds.
"Overall, we continue to believe AMD is executing flawlessly on its GPU roadmap."
Roth MKM on AMD: The company's data center business could have an upside to continue momentum, Desilva said in a new investor note.
"We are encouraged that the company again raised its CY24 AI GPU revenue expectation with a healthy growth outlook into CY25," Desilva said.
The analyst said AI revenue continues to show strength for the company.
Truist on AMD: The stock price could need a modest "reset" after the disappointing fourth-quarter guidance, Stein said in a new investor note.
The analyst said caution should be exercised given AMD's position in AI compared to NVIDIA Corporation and the company's X86 market, which is under pressure from competition.
Morgan Stanley on AMD: A solid quarter from AMD might not be enough to offset a high bar for AI companies, Moore said in a new investor note.
"We still see 2024-25 as investment years for the AI opportunity, and think revenue/earnings expectations are still too high," Moore said.
The analyst said the risk reward for the stock remains balanced over the short term, with the company's AI product roadmap being key going forward.
"We have also highlighted that expectations are even higher, and unless the view is that AMD can take market share in CY25, which we do not forecast, there won't likely be much sequential growth through the year."
Goldman Sachs on AMD: The long-term AI growth opportunity remains for AMD, Hari said in a new investor note.
"We foresee share gains in traditional compute and the company's participation in AI compute driving revenue growth, margin expansion and earnings accretion over the medium to long-run in excess of the industry average," Hari said.
The analyst said they were encouraged by the company's progress in improving hardware and software offerings.
Hari said future data could show that AMD is taking "meaningful share" in the enterprise market.
Northland on AMD: The company could be narrowing the gap with Nvidia, Richard said in a new investor note.
"AMD is #2 in Data Center AI and that is not a bad place to be," Richard said.
The analyst said investors should consider buying the stock on Wednesday's pullback.
Richard said AMD can continue to grow market share in segments like data center over time.
Rosenblatt on AMD: The company showed market share gains in the quarter and should continue to gain share going forward, Mosesmann said in a new investor note.
"At a high level, Lisa Su indicated an increasingly better competitive dynamic compared to the Nvidia H-series and B-series in 2025, as indicated by significant expansion in customer engagement and milestone accomplishments," Mosesmann said.
AMD Price Action: AMD stock is down 9.8% to $149.96 at the time of publication Wednesday, versus a 52-week trading range of $94.07 to $227.30. AMD stock is up 8.5% year-to-date in 2024.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/technicals/24/10/41586844/amd-q3-earnings-on-deck-mixed-signals-on-charts-as-ai-server-gains-take-focus">AMD Q3 Earnings On Deck: Mixed Signals On Charts As AI, Server Gains Take Focus</a></li>
</ul>
Photo: jamesonwu1972/Shutterstock.com

AMD Stock Drops On Q4 Outlook As 10 Analysts Highlight 'Long-Term AI Growth Opportunity,' Nvidia Rivalry

To gain an edge, this is what you need to know today.
<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2024/10/2024-10-30_07h53_04.png" alt="" style="width:624px" /></figure>
<h3 class="wp-block-heading">Strong ADP Data</h3>
Please <a href="https://thearorareport.com/chart-analysis-stock-market-tech-earnings-nvidia-software-amd-mc-10302024">click here </a>for an enlarged chart of Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>).
Note the following:
<ul>
<li>This article is about the big picture, not an individual stock. The chart of AMD stock is being used to illustrate the point.</li>
<li>The chart shows the momo crowd buying AMD stock yesterday ahead of the earnings release.</li>
<li>The chart shows when earnings were released.</li>
<li>The chart shows the drop in AMD stock after earnings.</li>
<li>The chart shows the proprietary Arora Report VUD indicator changed to orange when earnings were released and continues to be orange today in the premarket.&nbsp; This indicates a net supply of AMD stock.</li>
<li>AMD reported earnings inline with the consensus and provided decent guidance.&nbsp; Why did the stock fall?&nbsp; The reason is that the whisper numbers for AI GPU guidance were approaching $6B.&nbsp; AMD guided above $5B for 2024 – this was inline with consensus.&nbsp; As we have been sharing with you, stocks move based on the difference between reported numbers and whisper numbers.</li>
<li>The reason that AMD was not able to meet the whisper numbers is that even though AMD chips for AI are excellent, AMD does not have the software and the whole system like NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>).&nbsp; This limits AMD's market even though AMD is offering cheaper price points compared to Nvidia.&nbsp; AMD has recently bought a systems company in an attempt to catch up to NVDA.&nbsp; However, in The Arora Report analysis, it will take a long time for AMD to catch up with NVDA.&nbsp; Nvidia's CUDA is a parallel computing platform and programming model.&nbsp; Thousands of developers have been using CUDA to harness the power of AI for years.</li>
<li>Alphabet Inc Class C (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) reported earnings yesterday after the close.&nbsp; Alphabet earnings show data center growth.&nbsp; Data center growth means AI growth.&nbsp; However, in The Arora Report analysis, there is risk in GOOG stock because Google has over 90% of the search market.&nbsp; It is hard to see Google gaining share from here.&nbsp; Even a drop of a few percentage points will substantially hit earnings.</li>
<li>Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) earnings are ahead after the close.&nbsp; In The Arora Report analysis, stocks will move based not only on the earnings but how well the companies are able to monetize AI.</li>
<li>The Arora Report shared early on that AI was real and a fortune was to be made from AI.&nbsp; We have also been sharing with you that it is important to develop deep knowledge because at times it will be treacherous.&nbsp; We have illustrated the treacherousness of following the momo crowd in AI with the example of Super Micro Computer Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>).&nbsp; When everyone was bullish and SMCI was trading above $120, The Arora Report call was that SMCI was worth only $44 &#8211; $48 at best.&nbsp; SMCI is falling about 33% to about $32 as of this writing in the premarket on the news that its independent auditor resigned.</li>
<li>Just released GDP data shows that the economy is strong even though the numbers are less than the consensus.&nbsp; GDP is a lagging indicator.&nbsp; The Arora Report system focuses on leading indicators.&nbsp; Here are the details of the GDP data:
<ul>
<li>Q3 GDP-Adv came at 2.8% vs. 3.0% consensus.</li>
<li>Q3 Chain Deflator-Adv came at 1.8% vs. 2.3% consensus.</li>
</ul>
</li>
<li>Automatic Data Processing Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADP#NASDAQ">ADP</a>) data indicates a strong jobs picture.&nbsp; ADP is the largest payroll processor in the country and uses its data to give an advanced glimpse of the jobs picture ahead of the official jobs report that will be released on Friday at 8:30am ET.&nbsp; In The Arora Report analysis, if the official jobs report also shows a strong jobs picture, it will decrease the probability that the Fed will cut interest rates at the next meeting.&nbsp;&nbsp;
<ul>
<li>ADP employment change came at 223K vs. 105K consensus.</li>
</ul>
</li>
<li>ADP data is one more data point that has gone against the reason the Fed gave to cut interest rates by 50 bps in September.&nbsp; As we have been writing, almost all of the data has gone against the Fed's reasoning for cutting rates by 50 bps.&nbsp;&nbsp;</li>
<li>In a major setback, Eli Lilly And Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) missed the earnings consensus.&nbsp; LLY stock has fallen about 10% as of this writing in the premarket.&nbsp; In sympathy, the stock of Novo Nordisk A/S (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) is also falling.&nbsp; LLY and NVO stocks have been riding high on weight loss drugs.&nbsp; As full disclosure, LLY stock is in The Arora Report&#8217;s ZYX Buy Core Model Portfolio, long from $318.45.&nbsp; As of this writing, LLY stock is trading at $807.</li>
<li>Jobless claims, personal income and spending, and &nbsp;Fed&#8217;s favorite inflation gauge PCE will all be released tomorrow at 8:30am ET.</li>
</ul>
<h3 class="wp-block-heading">Magnificent Seven Money Flows</h3>
In the early trade, money flows are positive in Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), MSFT, GOOG, and META.
In the early trade, money flows are negative in Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), and NVDA.
In the early trade, money flows are negative in SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
<h3 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h3>
Investors can gain an edge by knowing money flows in SPY and QQQ.&nbsp; Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.&nbsp; The most popular ETF for gold is SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>).&nbsp; The most popular ETF for silver is iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>).&nbsp; The most popular ETF for oil is United States Oil ETF (ASCA:USO).
<h3 class="wp-block-heading">Bitcoin</h3>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is range bound.
<h3 class="wp-block-heading">Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h3 class="wp-block-heading">Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

Market Summary

$BTC

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ABNB

ALAB

ASML

AVGO

BACRP

CRUS

CRWD

CSCO

NVTS

SLAB

SOXX

TSMWF

Screenshot 2024-09-18 at 5.31.01 PM

Emerging Market ETFs

AIBD

AIBU

The Risks And Rewards Of Betting Big On AI &amp; Big Data

Press Releases

AMD Delivers Leadership AI Performance with AMD Instinct MI325X Accelerators

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Fujitsu and AMD to begin strategic partnership to develop more sustainable computing infrastructure intended to accelerate open-source AI initiatives

Contracts

CSE:SCPE

ORCL

SCPCF

SNOW

Analog Devices

Astera Labs

Arm Holdings plc - American Depositary Shares

ARM Holdings

ASE Technology Holding Co., Ltd. American Depositary Shares (each representing Two Common Shares)

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