Why $AMD (+5,49%) isnt going up ? There are only good News but it seems that it doesnt matter
AMDUS0079031078AMDAMD
Moin Moin,
just thinking about $AMD (+5,49%) to join.
I have a good feeling about $AMD (+5,49%) and the chip deal with Sony is also great news. They are also planning an event on October 10, which could provide a boost, where they will present new processors
What is your opinion?
17.09.2024
PlayStation 6: Intel loses chip deal with Sony to AMD + iPhone 16 demand too low + MTU corrects after sell recommendation and recent rally
As reported by the news agency Reuters Intel $INTC (+2,07%) tried to win the contract to supply processors for the next generation PlayStation from Sony this time, but failed. Now, once again AMD $AMD (+5,49%) is to supply the chips for the PlayStation 6 and collect an estimated 30 billion US dollars in return.
https://www.computerbase.de/2024-09/playstation-6-intel-verlor-chip-deal-mit-sony-an-amd/
Apple $AAPL (+3,08%) fell 2.3% on Monday after initial demand for the tech giant's iPhone 16 series was unconvincing, according to analysts at Jefferies and Citi.
Following a sell recommendation from Citigroup, shares in MTU $MTX (+1,94%) started the week very weakly. The shares of the engine manufacturer lost up to 3.6 percent on Monday morning, but then turned upwards again at the 21-day moving average. Most recently, they were still down 2.6 percent at 272 euros. Citi analyst Charles Armitage raised the price target to 250 euros, but has now issued a "sell" recommendation. He assumes that MTU's cash turnover will be significantly weaker than that of its competitors, even though he has raised the overall long-term forecast somewhat. In addition, the expert expects the growth rate to normalize to a lower annual average of around 8 percent. At almost 280 euros, MTU shares had recently moved back within sight of their 2020 record of 289.30 euros. In the current year, they had gained 43 percent, of which they have now lost some.
Tuesday: Stock market dates, economic data, quarterly figures
Stock market holiday in China and South Korea
ex-dividend of individual stocks
Lam Research USD 2.30
MPC Container Ships NOK 0.10
Quarterly figures / company dates Europe
08:00 Kingfisher half-year figures
10:00 Evonik Industries: Research Pk
Economic data
- 11:00 DE: ZEW Index Economic Sentiment September FORECAST: 15.5 points previously: 19.2 points Economic situation FORECAST: -81.0 points previously: -77.3 points
- 14:30 US: Retail Sales August OUTLOOK: -0.3% yoy previous: +1.0% yoy Retail Sales ex Motor Vehicles OUTLOOK: +0.2% yoy previous: +0.4% yoy
- 15:15 US: Industrial Production and Capacity Utilization August Industrial Production PROGNOSE: +0.1% yoy previous: -0.6% yoy Capacity utilization PROGNOSE: 77.9% previous: 77.8%
- 16:00 US: Inventories July PROGNOSE: +0.4% yoy previous: +0.3% yoy | NAHB-Index 9/24
Semiconductor shares since their 52-week highs
-61% Intel $INTC (+2,07%)
-54% Aixtron $AIXA (-0,28%)
-45% STMicroelectronics $STMPA (+4,21%)
-44% Micron Technology $MU (+1,68%)
-37% Globalfoundries $GFS (+4,44%)
-36% BE Semiconductor $OXVE
-33% Lam Research $LRCX (+4,33%)
-29% AMD $AMD (+5,49%)
-29% Qualcomm $QCOM (+2,83%)
-28% ON Semiconductor $ON (+4,8%)
-27% ASML $ASML (+5,06%)
-26% Applied Materials $AMAT (+4,55%)
-26% Elmos Semiconductor $ELG (+4,74%)
-24% Microchip Techn. $MCHP (+3,68%)
-23% ARM $ARM (+1,44%)
-23% Synopsys $SNPS (+2,22%)
-23% Infineon $IFX (+2,37%)
-22% NXP Semiconductors $NXPI (+3,11%)
-20% Cadence Design $CDNS (+4,11%)
-17% Nvidia $NVDA (+4,77%)
-17% VanEck Semicon. ETF $IE00BMC38736 (+4,47%)
-17% Nordic Semi $NRS
-17% KLA Corporation $KLAC (+5,05%)
-13% Marvell Technology $MRVL (+4,01%)
-12% TSMC $2330
-11% Broadcom $AVGO (+3,72%)
-7% Texas Instruments $TXN (+3,41%)
-6% Monolithic Power Syst. $MPWR (+5,72%)
>> Which stocks are you invested in and how are they performing? Which of these stocks do you have on your watchlist? #semiconductor
#halbleiter
Can PS5 Pro end the correction at $AMD (+5,49%) end?
In my stock analysis from February 11: https://investorsapiens.de/amd-aktie-prognose-2025-ki-beschleuniger/#AMD_Aktie_Chartanalyse I mentioned AMD's weakening gaming division, among other things. Among other things, the decline in sales was due to the two consoles XBOX and PS5, which were and are no longer bestsellers after four years.
A new sales boost could come from Sony today at 5pm. Sony is presenting the new PS5 Pro console today, which will once again rely entirely on AMD technology.
This could in turn help AMD's share price and end the correction.