FINWIRES · TerminalLIVE
FINWIRES

RBC表示，AMD CPU成長勢頭強勁，GPU上漲潛力是其業績超越預期的關鍵。

By

-- 加拿大皇家銀行資本市場（RBC Capital Markets）週三發布的研究報告指出，AMD公佈了穩健的業績和樂觀的展望，但能否進一步超越預期將取決於GPU產能爬坡的執行情況，而競爭和執行風險仍將持續存在。 該公司公佈的第一季調整後每股收益為1.37美元，高於去年同期的0.96美元。營收從74.4億美元增加至102.5億美元。 AMD預計第二季營收為112億美元，上下浮動3億美元。 AMD的伺服器中央處理器（CPU）業務在第一季表現出色，年成長超過50%，這主要得益於人工智慧技術的推動。該投資公司補充道，人工智慧圖形處理器（GPU）的年增長率也達到了兩位數。 AMD可能面臨來自ARM在伺服器CPU市場日益激烈的競爭風險。 RBC表示，AMD股價能否進一步超越預期主要取決於MI455/Helios的產能爬坡，在MI GPU週期規模化之前，短期內缺乏其他利多因素。 RBC將AMD的目標股價從325美元上調至400美元，評級維持「與產業持平」。 週三下午交易中，AMD股價上漲超過16%。

Price: $414.15, Change: $+58.89, Percent Change: +16.58%

Related Articles

Sectors

Sector Update: Health Care

Health care stocks were higher late Wednesday afternoon, with the NYSE Health Care Index increasing 0.3% and the State Street Health Care Select Sector SPDR ETF (XLV) adding 0.2%.The iShares Biotechnology ETF (IBB) climbed 2.1%.In corporate news, DaVita (DVA) shares jumped past 21% after Deutsche Bank upgraded the stock to buy from hold and boosted its price target to $220 from $126, a day after the company reported better-than-expected Q1 results.

$DVA
US Markets

New Home Listings Growth Outpaces Sales For First Time in 2026, Zillow Says

New for-sale home listings in the US grew at a faster rate annually than sales for the first time this year as elevated mortgage rates stalled recovery, Zillow Group (Z, ZG) said Wednesday.New listings rose 2.1% year over year to 426,356 units in April, while sales eased 0.4% to 323,631 units, according to the real estate marketplace. Active inventory increased 3.7% last month, putting the total number of for-sale homes at 1.3 million."The spring rebound we anticipated at the start of the year and that produced the stronger sales figures in March was put on pause in April by higher rates," Zillow Chief Economist Mischa Fisher said. "Still, someone who held off in 2025 hoping conditions would improve has seen that improvement."Last week, the average interest rate for 30-year fixed mortgages with conforming loan balances of $832,750 or less increased to 6.45% from 6.37% sequentially, a report by the Mortgage Bankers Association showed Wednesday.The monthly mortgage payment on a typical home in the US dropped 3.4% annually to $1,829 last month, while home values rose 0.7% to $366,712, Zillow said.The share of listings with a price reduction was 23.5% in April, down one percentage point from a year earlier, but up 0.9 percentage point sequentially.Despite the recent rise in mortgage rates, buyers who waited out the market of 2025 are entering on slightly better terms this spring, with more options, improved affordability and a little more decision time, according to Zillow."With more homes to choose from and lower monthly costs than a year ago, the math has shifted in favor of buyers even if the moment may not feel like it," Fisher said. "There's still plenty of reason for optimism that we will see a quick rebound if rates cooperate."On Tuesday, government data showed that new-home sales in the US grew past Wall Street's estimates for March, driven by a demand surge in the Northeast region.Price: $44.82, Change: $+1.28, Percent Change: +2.94%

$Z$ZG
Sectors

Sector Update: Consumer

Consumer stocks were higher late Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 1.9%.In corporate news, Restaurant Brands International's (QSR) Q1 earnings and revenue topped Wall Street's estimates Wednesday, while the restaurant operator's comparable sales growth was in line with consensus. Its shares were down 5.9%.

$QSR