Ticker delayed 20 minutes
Avg Daily Volume: 33,257,963 Market Cap: 231.7B
Sector: Technology Short Interest: 1.11
THIS QTR: EPS: 1.28/share REV: 18,70/M
LAST QTR: EPS: 1.25/share ACTUAL: 1.52/share (BEAT)
NEXT QTR: EPS: 1.19/share REV: 17,970/M
FULL YR: EPS: 4.83/share REV: 22,440/M
*These are the base metrics we will be watching against the actual release numbers
BEAT/MISS RECORD: 75% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 9.42, 8.38, 2.53
EXPECTED JUMP MOVE: 8-10%
*** With market volatility at extremes during the coronavirus pandemic there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
Intel Corp. shares are off 2.7% in Wednesday trading and on track for their lowest close in more than 16 months on a down day for the market and as Intel's stock faces continued pressure over competitive challenges. The stock recently changed hands at $44.45, and it's on pace for its lowest close since June 3, 2019, when the stock finished the session at $43.46. Intel shares are down for the fourth straight day and they've lost more than 17% in that span. The company reported better-than-expected revenue and earnings last week but still faces questions about its technological roadmap after it disclosed earlier in the year that it expects its next generation of chips to be delayed. Rival Advanced Micro Devices Inc. posted results Tuesday morning that suggested the company could be gaining share at Intel's expense. Intel shares have declined 10% over the past three months as the Dow Jones Industrial Average has risen 1%
Intel is shipping its first discrete GPU in over two decades — but the initial benchmarks are underwhelming.
Advanced Micro Devices (AMD) fell more than 4% Tuesday after announcing that it would buy Xilinx (XLNX) in an all-stock transaction.
On CNBC's “Trading Nation,” Mark Tepper of Strategic Wealth Partners revealed that he sees the weakness in Advanced Micro Devices, Inc. (NASDAQ: AMD) as a buying opportunity. The stock is trading lower on the news of the Xilinx, Inc. (NASDAQ: XLNX) acquisition, but Tepper is not concerned. He said that shareholders are being diluted for a really good reason.He bought the stock at $40, sold some at $60 and he is comfortable owning it at its current price. He bought it because of its strength in the data center, PCs and gaming. He is positive about the gaming segment because there are two new gaming consoles coming out and AMD's chips are in them. He also sees synergies from the Xilinx acquisition because it bolsters AMD's data center footprint and it gets it into the booming 5G cycle.See Also: How Large Option Traders Are Playing AMD Following Xilinx Buyout, Q3 EarningsJC O'Hara of MKM Partners compared the deal to the Intel Corporation's (NASDAQ: INTC) purchase of Altera. The deal was announced in June 2015 and there was a three months correction of nearly 25% in Intel, immediately after the announcement, said O'Hara. It took time for the market to re-price Intel based on the new information.In August 2015, the stock was able to find buyers and resume its uptrend. O'Hara would give some time to AMD before trends can fully develop.See more from Benzinga * Click here for options trades from Benzinga * Mike Khouw Sees Unusual Options Activity In UPS * Cramer Shares His Thoughts On Slack, Gilead And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
(Bloomberg) — Advanced Micro Devices Inc.’s $35 billion purchase of semiconductor maker Xilinx Inc. pushes 2020 toward a record year for chip deals, as large tech companies rush to consolidate the increasingly competitive industry.There have now been $110 billion of deals announced in the semiconductor industry this year, led by Nvidia Corp.’s $40 billion bid for Cambridge, England-based chip designer Arm, according to data compiled by Bloomberg. The Xilinx deal makes 2020 the biggest year at this point on record for pending and completed deals involving semiconductors, the data show.The highwater mark for semiconductor deals was reached in 2016, when $122 billion in transactions were struck for the entire year. If acquisitions continue at the current pace, 2020 will easily top that level. The largest deal of 2016 was SoftBank Group Corp.’s $24 billion purchase of Arm.Competition in the semiconductor industry is heating up as companies that were once customers, such as Apple Inc., design their own chips and established players like Nvidia branch out into new areas.One adviser estimates that there are about 75 public chip companies now and that number could be cut in half because of consolidation in the next few years.Read more: AMD’s Su Redoubles Intel Challenge With Xilinx DealWith the Arm deal, Nvidia gets access to semiconductor designs that are in most smartphones and licenses for chips that run thousands of appliances known as the Internet of Things.Buying San Francisco-based Xilinx gives AMD access to programmable chips for wireless telecommunication networks ahead of phone carriers’ plans to build out high-speed fifth-generation mobile networks. It also helps the company expand further in the profitable market for data-center computer components, currently dominated by Intel Corp.Earlier this month, Intel agreed to sell its Nand memory unit to South Korea’s SK Hynix Inc. for about $9 billion.These rivalries have made the industry stand out in an otherwise sluggish deal market. Globally, mergers and acquisitions in all sectors are down roughly 23% to about $1.9 trillion from the same period last year, Bloomberg data show.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
StockJumpers analysis and trade plans are uploaded generally 1 HOUR BEFORE MARKETS CLOSE (3PM EST) for most events.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.