IB Net Payout Yields Model

AMD: TSMC Predicts The Chip Bottom

 

  • AMD continues to face a PC chip inventory correction that could impact Q1 results on May 2 and lower Q2 guidance.
  • Investors got good news from TSMC forecasting a bottom in the inventory correction.
  • The stock is cheap based on a quick ramp to a $5 to $6 EPS based on server demand and future AI chips.
  • This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More » 
As Advanced Micro Devices (NASDAQ:AMD) heads towards reporting Q1'23 results on May 2, shareholders already got some positive indications from Taiwan Semiconductor Manufacturing Company Limited (TSM). The chip manufacturer for leading advanced fabless

Read the full article on Seeking Alpha. 

Disclosure: No position mentioned. Please review the disclaimer page for more details. 

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