Advanced Micro Devices (NASDAQ:AMD) reported quarterly earnings of $0.69 per share which beat the analyst consensus estimate of $0.67 by 2.99 percent. This is a 25 percent decrease over earnings of $0.92 per share from
Advanced Micro Devices, Inc. (NASDAQ: AMD) shares are trading higher by 2.64% to $74.36 during Tuesday's session. Traders and investors are watching for the company's fourth-quarter earnings announcement, confirmed for after the market close.
Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) was trading down Friday, consolidating a recent rise, which saw the ETF surge almost 70% since Dec. 28.
The semiconductor sector suffered a steep most of last year, which caused SOXL to plummet almost 90% in 2022.