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Advanced Micro Devices Has Substantial Risks But Continues To Move Toward Profitability, Recovering Sales
Tuesday, May 2, 2017 - 10:55am | 386Read More...Reviewing Advanced Micro Devices, Inc. (NASDAQ: AMD)'s first-quarter results, Wells Fargo Securities said the company has substantial risks associated with falling sales and continuing losses. That said, the firm believes the company is continuing to demonstrate a recovery in sales and move toward...
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Analysts See Blue Sky For Skyworks In 2017
Thursday, March 9, 2017 - 9:13am | 393Read More...While Skyworks Solutions Inc (NASDAQ: SWKS) has demonstrated high growth in recent years, it faces a content increase opportunity in handsets, Wells Fargo’s David Wong said in a report. He added that the company has demonstrated the ability to drive gross margin expansion, has strong...
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What To Expect From Intel's Q4 This Week
Sunday, January 22, 2017 - 6:25pm | 301Read More...With continued market demand for PCs and a strong lineup of microprocessing technology, Intel Corporation (NASDAQ: INTC) has earned the confidence of Wells Fargo Securities analysts leading up to its fourth-quarter earnings report. As of Friday, the stock remained the firm’s top pick, and...
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Advanced Micro Devices Shares Are Crashing After-Hours On Nasty Guidance
Monday, July 6, 2015 - 4:51pm | 225Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are down more than 12 percent in the after-hours session after dropping by over 2.5 percent during Monday's trading. The reason? AMD reported guidance that can only be described as nasty: Second quarter gross margin expectations of 28...
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Analysts Mixed On AMD After Earnings
Monday, April 20, 2015 - 9:07am | 553Read More...Advanced Micro Devices, Inc. (NASDAQ: AMD) announced weak first quarter results on April 16. Shares of the semiconductor company dropped 8 percent in after-hours trading following the earnings release. The company reported losses primarily due to the weakening PC market and lower SOC sales. AMD...
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UPDATE: Wells Fargo Downgrades Micron Technology on Valuation
Friday, October 11, 2013 - 11:43am | 138Read More...In a report published Friday, Wells Fargo Securities analyst David Wong downgraded the rating on Micron Technology (NASDAQ: MU) from Market Perform to Undeperform. In the report, Wells Fargo Securities noted, “With Micron's first report following the Elpida acquisition, we now have a fair amount...
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Wells Fargo Securities Raises Micron Technology (MU) Estimates
Thursday, April 1, 2010 - 9:10am | 183Read More...Wells Fargo Securities analysts David Wong, Brian Cutlip and Amit Chanda reiterated their Outperform rating for shares of Micron Technology, Inc. (Nasdaq: MU), with a valuation range of $11 to $13. The analysts noted that DRAM and NAND should be more profitable since production costs were down 7%...
