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AMD Stock Breaks Through $80 Mark, Bulls Eye $85 & $90+

Major Breakout for AMD, After Huge Earnings Report

Advanced Micro Devices (AMD) stock is surging higher on Wednesday, up more than 12%. Long investors can breathe a sigh of relief following the earnings release, not just because of Intel’s (INTC) disappointing update, but also because AMD shares were only modestly higher in after-hours trading last night. Advanced Micro Devices posted a slight top-…

Intel Stuck in a Quagmire, With no End in Sight

Intel Stuck in a Quagmire, With no End in Sight

Intel Corp. (INTC) concluded 2022 with its worst financial performance since the dot-com crisis more than two decades ago, owing to a double whammy of a decline in both PCs and data centers, and is not expected to reverse anytime soon. Intel’s yearly earnings fell more than 60% in 2022, and revenue fell more than…