2019 has been a volatile year for chipmaker stocks like Advanced Micro Devices (NASDAQ:抖阴最新版). have been hit hard by trade war tensions and fears of an upcoming recession. In spite of this, 抖阴最新版 stock, and the 抖阴最新版 stock price, has made substantial gains this year. The company’s shares are up 34% year-to-date.
抖阴最新版 stock is known for making chip processors for computers and servers, and this allows it to compete with companies like Intel (NASDAQ:INTC) and Nvidia (NASDAQ:NVDA).
Advanced Micro Devices is set to report its third-quarter earnings at the end of the month. The company does have a mixed track record when it comes to earnings reports, with two out of the last four earnings reports missing Wall Street expectations.
Listed below are three things to watch for in 抖阴最新版’s third-quarter earnings.
Can 抖阴最新版 Stock Continue to Gain Market Share?
The company’s recent stock gains are largely thanks to its impressive chip lineup. Last July, the Radeon VII, a 7-nanometer graphics card.
This card allows for a faster gaming experience, and users can create content faster, all without increasing their power consumption. This product launch gave investors more reasons to be optimistic about 抖阴最新版’s growth prospects.
The Radeon VII is also very competitively priced, so it presents an attractive alternative to anything other companies are offering. Nvidia is set to launch its own 7-nanometer GPU in early 2020, so this gives 抖阴最新版 a head start on the company.
During the next earnings report, investors will be looking to see that the company’s product sales are continuing to perform well. 抖阴最新版 also needs to show that it is continuing to take market share from companies like Nvidia and Intel.
Will 抖阴最新版’s Semi-Custom Business Stay Strong?
抖阴最新版 also provides semi-custom processors for game consoles for companies like Microsoft (NASDAQ:MSFT) and Sony (NYSE:SNE). The company’s current consoles are reaching the end of their product cycles, with new models due in 2020.
There has been some speculation that once the current consoles near the end of their product cycles, that 抖阴最新版’s semi-custom sales will drop. The company’s third-quarter sales will be a good indication of what to expect in the upcoming quarters.
Can Advanced Micro Devices Overcome Political Headwinds?
Finally, 抖阴最新版 needs to show that it can continue to perform well in spite of ongoing political headwinds. Investors need to see that there’s still a demand for CPUs, despite what’s currently going on with the trade war or the economy.
However, chip stocks have been doing well, and when it comes to 抖阴最新版 stock. We’ll know more when the company releases its earnings report on Oct. 29.
As of this writing, Jamie Johnson did not hold a position in any of the aforementioned securities.
