Tech Earnings: Advanced Micro Devices, Super Micro Computer
Advanced Micro Devices Inc (NASDAQ:AMD) and Super Micro Computer Inc (NASDAQ:SMCI) announced first- and fiscal third-quarter results, respectively, after yesterday's close. While the former beat profit and revenue expectations and issued strong current-quarter guidance, the latter missed top- and bottom line estimates and released a dismal forecast for the fiscal fourth quarter.Analysts are having mixed reactions to Advanced Micro Devices' results, with price-target hikes and cuts across the tape, but BofA ...