c*o
2 楼
AMD downgraded by Morgan Stanley, Credit Suisse
Shares of Advanced Micro Devices Inc. slid nearly 14% to $4 on Friday
morning after the chipmaker was downgraded by Morgan Stanley and Credit
Suisse following its second-quarter results the previous afternoon. John
Pitzer of Credit Suisse cut his rating to underperform from neutral, noting
that while the results and guidance were ahead of Wall Street's estimates,
estimates for the company's profits from videogame consoles appear too high.
"It is also unclear to what extent new gaming platforms are incremental
relative to AMD's current royalty position," he wrote. Joseph Moore of
Morgan Stanley called the report "a good quarter," but also cited margins
from game consoles that will be lower than expected, sparking his downgrade
to an underweight rating. "The balance of the business will likely struggle
to achieve profitability," he wrote.
Shares of Advanced Micro Devices Inc. slid nearly 14% to $4 on Friday
morning after the chipmaker was downgraded by Morgan Stanley and Credit
Suisse following its second-quarter results the previous afternoon. John
Pitzer of Credit Suisse cut his rating to underperform from neutral, noting
that while the results and guidance were ahead of Wall Street's estimates,
estimates for the company's profits from videogame consoles appear too high.
"It is also unclear to what extent new gaming platforms are incremental
relative to AMD's current royalty position," he wrote. Joseph Moore of
Morgan Stanley called the report "a good quarter," but also cited margins
from game consoles that will be lower than expected, sparking his downgrade
to an underweight rating. "The balance of the business will likely struggle
to achieve profitability," he wrote.
q*g
3 楼
主营都保不住了，还不惨？远离loser。
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