Chip stocks in focus as AMD beats estimates and KLA, Applied rebound
· 6 sources
AMD topped revenue and earnings estimates, Nvidia's Huang outlined Vera Rubin revenue, and KLA and Applied Materials rose after a selloff, outlets report.
What happened
Chip-sector news flow was busy on Friday. Benzinga reports that Advanced Micro Devices shares rose 5.28% in premarket trading after the company's revenue and earnings came in above estimates.
StreetInsider reports that KLA Corporation and Applied Materials both moved higher as buyers returned after Thursday's selloff. Yahoo Finance reports that Jensen Huang said Nvidia's next-generation Vera Rubin chips will generate $40 billion in revenue per gigawatt, compared with $25 billion for Grace Blackwell.
Semafor reports in an exclusive that a former Intel CEO says chipmakers have grown complacent. The Motley Fool also published a piece asking whether Micron could be the next company to announce a stock split.
Context
Semiconductor companies are closely linked to demand for computing hardware, so results and commentary from one firm often draw attention across the whole sector.
Why it matters
The mix of earnings, product outlook and equipment-maker moves shows how closely investors are watching the chip industry.
Stocks in this story
Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.
$54.15Fair range: $48.74 to $59.57The price ($56.06) is 3.5% above that figure: close to its fair value.
Chance of a rise in 1 month
43%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $42.79 and $65.45; 9 in 10, between $29.36 and $95.41.
$315.91Fair range: $221.42 to $446.22The price ($334.51) is 5.9% above that figure: close to its fair value.
Chance of a rise in 1 month
46%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $289.21 and $373.77; 9 in 10, between $230.40 and $469.19.
$117.70Fair range: $90.45 to $151.62The price ($138.34) is 17.5% above that figure.
Chance of a rise in 1 month
46%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $119.94 and $154.38; 9 in 10, between $95.89 and $193.09.
45%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $581.65 and $791.80; 9 in 10, between $442.51 and $1,040.77.
45%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $366.20 and $506.71; 9 in 10, between $274.59 and $675.75.
Fair value, probabilities and earnings for every stock. Free account, no card. Information, not advice.
Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer
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