Rosenblatt names AMD top semiconductor pick on data-center strength
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Rosenblatt Securities has named AMD as its top semiconductor pick heading into earnings season, citing strengthening data-center fundamentals and broadening demand despite recent share price declines across the sector. Still guessing which stocks will beat the…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishAn influential broker flags AMD as the top semiconductor pick ahead of earnings season, affecting sector sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Rosenblatt Securities named AMD its top semiconductor pick heading into earnings season.
- 02The data-center-exposed semiconductor group has fallen about 25% on average over the past month.
- 03The firm cites strong earnings from Penguin Solutions, Micron, TSMC and Texas Instruments.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Advanced Micro Devices, Inc.559.23 USD-0.10%today +5.26%Positive Micron Technology, Inc.931.88 USD+0.05%today +3.12%Positive Taiwan Semiconductor Manufacturing Company Limited438.06 USD+0.16%today +3.23%Positive Texas Instruments Incorporated307.91 USD+0.30%today +3.28%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets