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2023-10-26
Where Will AMD Stock Be in 3 Years?
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formidable competitor to Nvidia in the $150 billion AI chip market.</p></li><li><p>Increasing adoption of its fourth-generation EPYC server chips is driving AMD's share in the data center market.</p></li><li><p>The semiconductor titan's stock could rise even higher in the next three years.</p></li></ul><p><strong>Advanced Micro Devices</strong> (AMD) has faced its share of challenges in 2023, with the stock currently down by nearly 23% from its June highs. A leading chip designer, the company posted a 13.8% year-over-year decline in revenues in the first half of the year, mainly driven by weakness in the personal computing business.</p><p>Despite those disappointing sales figures, the narrative has slowly started shifting for the better. The latter half of 2023 is expected to show a promising recovery, especially with <strong>Micron</strong> claiming that chip inventory levels and pricing bottomed in the second quarter. If true, the market can expect rising demand for CPUs and GPUs in areas such as gaming, data center, and automotive industries. AMD is also gearing up to make its presence felt in the artificial intelligence (AI) GPU market, which AMD management estimates will be worth $150 billion by 2027.</p><p>In this context, considering AMD's long-term growth prospects and valuation, let's assess the reasons why it will make sense for retail investors to open a position in AMD and hold it at least for the next three years.</p><h2 id=\"id_1937814675\">AI GPU market opportunity</h2><p>The AI GPU market has been growing at a very rapid clip, thanks to robust demand from hyperscale data centers running high-performance computing workloads and complex AI algorithms. Although <strong>Nvidia</strong>'s chips account for more than 90% of the AI GPU market, AMD may soon emerge as the second dominant player in it.</p><p>The upcoming launch of AMD's MI300 GPU series (slated to go into production in the fourth quarter) is expected to prove a game-changer for the company. The MI300 boasts the largest memory bandwidth in the semiconductor industry. This makes the chip well suited for AI inferencing workloads, wherein generative AI models are used to analyze and predict from real-time data across use cases. Hence, while Nvidia is a leading presence in the training of generative AI models, AMD can position itself as a force to be reckoned with in the inferencing niche.</p><p>AMD is also working to strengthen its software offerings, organically and inorganically. Its Radeon Open Compute (ROCm) open-source software platform, used to program its CPUs and GPUs, has been lately witnessing several performance and feature updates. Its acquisition of leading AI software player Mipsology will also enable the company to effectively program its AI chips for inferencing -- thereby enabling it to provide holistic hardware-software solutions for AI implementations. AMD also acquired Nod.ai, a leader in open-source AI technology, for developing versatile and efficient AI solutions.</p><h2 id=\"id_818787236\">AMD's increasing presence in the data center market</h2><p>AMD has already built a solid presence in the CPU and gaming GPU niches. The company is now focusing on further expanding its presence in the data center chip market, which Allied Market Research estimates will grow annually at a compound average rate of 14.6% over the next decade, from $11.7 billion in 2022 to $45.3 billion in 2032.</p><p>AMD's fourth-generation EPYC CPU chips have been making rapid inroads in the data center market thanks to their impressive performance, efficiency, and cost-effectiveness. Built using <strong>Taiwan Semiconductor Manufacturing's</strong> 5nm manufacturing process, these CPUs have proved exceptional at handling several types of workloads.</p><p>AMD ended the first quarter of 2023 with an 18% share of the server CPU market, up by 0.4 percentage points on a sequential basis. The company's successes can partly be attributed to the troubles faced by peer <strong>Intel</strong>, which was beset by multiple delays in its effort to launch its Sapphire Rapids server chips, which are being built with a 10nm manufacturing process. Originally scheduled to be launched in 2021, Intel managed to introduce the Sapphire Rapids chip only in early 2023.</p><p>AMD's data center revenues, however, declined by 5.8% year over year to $2.6 billion in the first half of 2023, mainly due to softer enterprise demand and higher inventory levels of chips with some clients. Despite this, the company is now guiding for flat revenues for its data center segment in 2023 as it anticipates increasing adoption of fourth-generation EPYC processors as well as initial shipments of MI300 GPUs in the fourth quarter, when major AI, high-performance computing, and cloud customers will get early access to them.</p><h2 id=\"id_1237181973\">Projections</h2><p>AMD currently trades at a price-to-sales multiple of 7.54, close to its five-year average multiple of 7.56. On average, analysts are projecting its revenues will be $35.3 billion in fiscal 2026, nearly 1.54 times its forecast revenue of $22.8 billion this year. Assuming that AMD's sales multiple holds steady at around its five-year average, the stock seems well positioned to grow by nearly 54% in the next three years.</p><p>Considering its focus on its AI opportunities, and its growing presence in the lucrative data center market, AMD seems to present a promising long-term pick for retail investors.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Where Will AMD Stock Be in 3 Years?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhere Will AMD Stock Be in 3 Years?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-26 10:30 GMT+8 <a href=https://www.fool.com/investing/2023/10/25/where-will-amd-stock-be-in-3-years/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSAMD may emerge as a formidable competitor to Nvidia in the $150 billion AI chip market.Increasing adoption of its fourth-generation EPYC server chips is driving AMD's share in the data ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/10/25/where-will-amd-stock-be-in-3-years/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4585":"ETF&股票定投概念","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4575":"芯片概念","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU2098885051.SGD":"JPMorgan Funds - Multi-Manager Alternatives A (acc) SGD","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","BK4579":"人工智能","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","BK4587":"ChatGPT概念","BK4550":"红杉资本持仓","AMD":"美国超微公司","BK4567":"ESG概念","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4529":"IDC概念","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","BK4588":"碎股","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU0080751232.USD":"富达环球多元动力基金A","LU0056508442.USD":"贝莱德世界科技基金A2","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4551":"寇图资本持仓","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4141":"半导体产品","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4515":"5G概念","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4503":"景林资产持仓","LU0109392836.USD":"富兰克林科技股A","LU1303367103.USD":"摩根大通多经理另类基金 A (acc)","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4566":"资本集团","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4512":"苹果概念"},"source_url":"https://www.fool.com/investing/2023/10/25/where-will-amd-stock-be-in-3-years/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2378983041","content_text":"KEY POINTSAMD may emerge as a formidable competitor to Nvidia in the $150 billion AI chip market.Increasing adoption of its fourth-generation EPYC server chips is driving AMD's share in the data center market.The semiconductor titan's stock could rise even higher in the next three years.Advanced Micro Devices (AMD) has faced its share of challenges in 2023, with the stock currently down by nearly 23% from its June highs. A leading chip designer, the company posted a 13.8% year-over-year decline in revenues in the first half of the year, mainly driven by weakness in the personal computing business.Despite those disappointing sales figures, the narrative has slowly started shifting for the better. The latter half of 2023 is expected to show a promising recovery, especially with Micron claiming that chip inventory levels and pricing bottomed in the second quarter. If true, the market can expect rising demand for CPUs and GPUs in areas such as gaming, data center, and automotive industries. AMD is also gearing up to make its presence felt in the artificial intelligence (AI) GPU market, which AMD management estimates will be worth $150 billion by 2027.In this context, considering AMD's long-term growth prospects and valuation, let's assess the reasons why it will make sense for retail investors to open a position in AMD and hold it at least for the next three years.AI GPU market opportunityThe AI GPU market has been growing at a very rapid clip, thanks to robust demand from hyperscale data centers running high-performance computing workloads and complex AI algorithms. Although Nvidia's chips account for more than 90% of the AI GPU market, AMD may soon emerge as the second dominant player in it.The upcoming launch of AMD's MI300 GPU series (slated to go into production in the fourth quarter) is expected to prove a game-changer for the company. The MI300 boasts the largest memory bandwidth in the semiconductor industry. This makes the chip well suited for AI inferencing workloads, wherein generative AI models are used to analyze and predict from real-time data across use cases. Hence, while Nvidia is a leading presence in the training of generative AI models, AMD can position itself as a force to be reckoned with in the inferencing niche.AMD is also working to strengthen its software offerings, organically and inorganically. Its Radeon Open Compute (ROCm) open-source software platform, used to program its CPUs and GPUs, has been lately witnessing several performance and feature updates. Its acquisition of leading AI software player Mipsology will also enable the company to effectively program its AI chips for inferencing -- thereby enabling it to provide holistic hardware-software solutions for AI implementations. AMD also acquired Nod.ai, a leader in open-source AI technology, for developing versatile and efficient AI solutions.AMD's increasing presence in the data center marketAMD has already built a solid presence in the CPU and gaming GPU niches. The company is now focusing on further expanding its presence in the data center chip market, which Allied Market Research estimates will grow annually at a compound average rate of 14.6% over the next decade, from $11.7 billion in 2022 to $45.3 billion in 2032.AMD's fourth-generation EPYC CPU chips have been making rapid inroads in the data center market thanks to their impressive performance, efficiency, and cost-effectiveness. Built using Taiwan Semiconductor Manufacturing's 5nm manufacturing process, these CPUs have proved exceptional at handling several types of workloads.AMD ended the first quarter of 2023 with an 18% share of the server CPU market, up by 0.4 percentage points on a sequential basis. The company's successes can partly be attributed to the troubles faced by peer Intel, which was beset by multiple delays in its effort to launch its Sapphire Rapids server chips, which are being built with a 10nm manufacturing process. Originally scheduled to be launched in 2021, Intel managed to introduce the Sapphire Rapids chip only in early 2023.AMD's data center revenues, however, declined by 5.8% year over year to $2.6 billion in the first half of 2023, mainly due to softer enterprise demand and higher inventory levels of chips with some clients. Despite this, the company is now guiding for flat revenues for its data center segment in 2023 as it anticipates increasing adoption of fourth-generation EPYC processors as well as initial shipments of MI300 GPUs in the fourth quarter, when major AI, high-performance computing, and cloud customers will get early access to them.ProjectionsAMD currently trades at a price-to-sales multiple of 7.54, close to its five-year average multiple of 7.56. On average, analysts are projecting its revenues will be $35.3 billion in fiscal 2026, nearly 1.54 times its forecast revenue of $22.8 billion this year. Assuming that AMD's sales multiple holds steady at around its five-year average, the stock seems well positioned to grow by nearly 54% in the next three years.Considering its focus on its AI opportunities, and its growing presence in the lucrative data center market, AMD seems to present a promising long-term pick for retail investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":314269442056456,"gmtCreate":1717750604003,"gmtModify":1717751353635,"author":{"id":"4087186428672950","authorId":"4087186428672950","name":"So a","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4087186428672950","idStr":"4087186428672950"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314269442056456","repostId":"1144738922","repostType":2,"repost":{"id":"1144738922","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1717750200,"share":"https://ttm.financial/m/news/1144738922?lang=&edition=fundamental","pubTime":"2024-06-07 16:50","market":"us","language":"en","title":"U.S. Stocks to Watch | GameStop, Nvidia, AMC, Docusign, Biomea Fusion, and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1144738922","media":"Tiger Newspress","summary":"US stock futures edged higher as traders waited to see if US jobs data due later Friday would cement bets on Federal Reserve policy easing in the coming months.These stocks made moves Friday:$Nvidia(N","content":"<html><head></head><body><p>US stock futures edged higher as traders waited to see if US jobs data due later Friday would cement bets on Federal Reserve policy easing in the coming months.</p><p>These stocks made moves Friday:</p><p><strong><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a></strong> - Nvidia’s big 10-for-1 stock split takes effect Friday after the closing bell. Shareholders of record as of Thursday, June 6, will get nine additional shares of the stock after the close on Friday. The shares gained 0.7% in premarket trading Friday.</p><p><strong><a href=\"https://laohu8.com/S/GME\">GameStop</a></strong> - GameStop shares jumped another 34.4% in premarket trading Friday. The shares soared over 47% Thursday after Keith Gill, also known as "Roaring Kitty," scheduled his first YouTube livestream in more than three years.</p><p>GameStop will head into the earnings confessional next week.</p><p>Other meme stocks such as<strong> <a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a></strong> shares jumped 13.5%, <strong><a href=\"https://laohu8.com/S/FFIE\">Faraday Future</a></strong> rose 26%, <strong><a href=\"https://laohu8.com/S/BB\">BlackBerry</a></strong> rose 5%.</p><p><strong><a href=\"https://laohu8.com/S/TSM\">TSMC</a></strong> - TSMC’s May sales rose 30% to NT$229.6 billion ($7.1 billion), helped by booming demand for artificial intelligence and a recovery in some consumer electronics. The shares rose 1% in premarket trading.</p><p><strong><a href=\"https://laohu8.com/S/DOCU\">Docusign</a></strong> - Shares of DocuSign dropped 6.8% in premarket trading Friday after the company's second quarter billings guidance fell below Wall Street expectations. However, the company did beat earnings estimates and boosted its stock repurchase program by up to a billion of outstanding common stock.</p><p><strong><a href=\"https://laohu8.com/S/IOT\">Samsara, Inc.</a></strong> - Shares of the software provider dropped 6.1%, even as Samsara reported top- and bottom-line beats in the first quarter. The company posted adjusted earnings of 3 cents per share and revenue of $281 million, surpassing analysts’ expectations for earnings of 1 cent per share and $272 million in revenue, according to LSEG. Estimates for the current quarter and full year were above expectations as well.</p><p><strong><a href=\"https://laohu8.com/S/BRZE\">Braze, Inc.</a></strong> - The customer engagement platform provider surged 14.3% on better-than-expected results for the first quarter. Braze reported an adjusted loss of 5 cents per share, while analysts expected a loss of 10 cents per share, according to LSEG. Revenue came in at $135 million, slightly topping expectations of $132 million.</p><p><strong><a href=\"https://laohu8.com/S/BMEA\">Biomea Fusion, Inc.</a></strong> - Biomea Fusion shares fell 60% in premarket trading Friday as the company said the Food and Drug Administration placed a full clinical hold on Phase I/II clinical trials of diabetes drug BMF-219.</p><p><strong>Trade US Stocks 24/5 with Tiger Trade!</strong></p><p><img src=\"https://community-static.tradeup.com/news/25e9093f09ca87042d8aa141cd880adc\" alt=\"\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stocks to Watch | GameStop, Nvidia, AMC, Docusign, Biomea Fusion, and More</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stocks to Watch | GameStop, Nvidia, AMC, Docusign, Biomea Fusion, and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-06-07 16:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>US stock futures edged higher as traders waited to see if US jobs data due later Friday would cement bets on Federal Reserve policy easing in the coming months.</p><p>These stocks made moves Friday:</p><p><strong><a href=\"https://laohu8.com/S/NVDA\">Nvidia</a></strong> - Nvidia’s big 10-for-1 stock split takes effect Friday after the closing bell. Shareholders of record as of Thursday, June 6, will get nine additional shares of the stock after the close on Friday. The shares gained 0.7% in premarket trading Friday.</p><p><strong><a href=\"https://laohu8.com/S/GME\">GameStop</a></strong> - GameStop shares jumped another 34.4% in premarket trading Friday. The shares soared over 47% Thursday after Keith Gill, also known as "Roaring Kitty," scheduled his first YouTube livestream in more than three years.</p><p>GameStop will head into the earnings confessional next week.</p><p>Other meme stocks such as<strong> <a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a></strong> shares jumped 13.5%, <strong><a href=\"https://laohu8.com/S/FFIE\">Faraday Future</a></strong> rose 26%, <strong><a href=\"https://laohu8.com/S/BB\">BlackBerry</a></strong> rose 5%.</p><p><strong><a href=\"https://laohu8.com/S/TSM\">TSMC</a></strong> - TSMC’s May sales rose 30% to NT$229.6 billion ($7.1 billion), helped by booming demand for artificial intelligence and a recovery in some consumer electronics. The shares rose 1% in premarket trading.</p><p><strong><a href=\"https://laohu8.com/S/DOCU\">Docusign</a></strong> - Shares of DocuSign dropped 6.8% in premarket trading Friday after the company's second quarter billings guidance fell below Wall Street expectations. However, the company did beat earnings estimates and boosted its stock repurchase program by up to a billion of outstanding common stock.</p><p><strong><a href=\"https://laohu8.com/S/IOT\">Samsara, Inc.</a></strong> - Shares of the software provider dropped 6.1%, even as Samsara reported top- and bottom-line beats in the first quarter. The company posted adjusted earnings of 3 cents per share and revenue of $281 million, surpassing analysts’ expectations for earnings of 1 cent per share and $272 million in revenue, according to LSEG. Estimates for the current quarter and full year were above expectations as well.</p><p><strong><a href=\"https://laohu8.com/S/BRZE\">Braze, Inc.</a></strong> - The customer engagement platform provider surged 14.3% on better-than-expected results for the first quarter. Braze reported an adjusted loss of 5 cents per share, while analysts expected a loss of 10 cents per share, according to LSEG. Revenue came in at $135 million, slightly topping expectations of $132 million.</p><p><strong><a href=\"https://laohu8.com/S/BMEA\">Biomea Fusion, Inc.</a></strong> - Biomea Fusion shares fell 60% in premarket trading Friday as the company said the Food and Drug Administration placed a full clinical hold on Phase I/II clinical trials of diabetes drug BMF-219.</p><p><strong>Trade US Stocks 24/5 with Tiger Trade!</strong></p><p><img src=\"https://community-static.tradeup.com/news/25e9093f09ca87042d8aa141cd880adc\" alt=\"\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","FFIE":"Faraday Future","IOT":"Samsara, Inc.","BMEA":"Biomea Fusion, Inc.","GME":"游戏驿站","AMC":"AMC院线","DOCU":"Docusign","BRZE":"Braze, Inc.","TSM":"台积电","BB":"黑莓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144738922","content_text":"US stock futures edged higher as traders waited to see if US jobs data due later Friday would cement bets on Federal Reserve policy easing in the coming months.These stocks made moves Friday:Nvidia - Nvidia’s big 10-for-1 stock split takes effect Friday after the closing bell. Shareholders of record as of Thursday, June 6, will get nine additional shares of the stock after the close on Friday. The shares gained 0.7% in premarket trading Friday.GameStop - GameStop shares jumped another 34.4% in premarket trading Friday. The shares soared over 47% Thursday after Keith Gill, also known as \"Roaring Kitty,\" scheduled his first YouTube livestream in more than three years.GameStop will head into the earnings confessional next week.Other meme stocks such as AMC Entertainment shares jumped 13.5%, Faraday Future rose 26%, BlackBerry rose 5%.TSMC - TSMC’s May sales rose 30% to NT$229.6 billion ($7.1 billion), helped by booming demand for artificial intelligence and a recovery in some consumer electronics. The shares rose 1% in premarket trading.Docusign - Shares of DocuSign dropped 6.8% in premarket trading Friday after the company's second quarter billings guidance fell below Wall Street expectations. However, the company did beat earnings estimates and boosted its stock repurchase program by up to a billion of outstanding common stock.Samsara, Inc. - Shares of the software provider dropped 6.1%, even as Samsara reported top- and bottom-line beats in the first quarter. The company posted adjusted earnings of 3 cents per share and revenue of $281 million, surpassing analysts’ expectations for earnings of 1 cent per share and $272 million in revenue, according to LSEG. Estimates for the current quarter and full year were above expectations as well.Braze, Inc. - The customer engagement platform provider surged 14.3% on better-than-expected results for the first quarter. Braze reported an adjusted loss of 5 cents per share, while analysts expected a loss of 10 cents per share, according to LSEG. Revenue came in at $135 million, slightly topping expectations of $132 million.Biomea Fusion, Inc. - Biomea Fusion shares fell 60% in premarket trading Friday as the company said the Food and Drug Administration placed a full clinical hold on Phase I/II clinical trials of diabetes drug BMF-219.Trade US Stocks 24/5 with Tiger Trade!","news_type":1},"isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":291629149290552,"gmtCreate":1712224437884,"gmtModify":1712229553616,"author":{"id":"4087186428672950","authorId":"4087186428672950","name":"So a","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4087186428672950","idStr":"4087186428672950"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a> ","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a> ","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291629149290552","isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":234655783026928,"gmtCreate":1698310658063,"gmtModify":1698310735627,"author":{"id":"4087186428672950","authorId":"4087186428672950","name":"So a","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4087186428672950","idStr":"4087186428672950"},"themes":[],"htmlText":" ","listText":" ","text":"","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/234655783026928","repostId":"2378983041","repostType":2,"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
