AMD prepares to share first-quarter financial results today as Trump tariffs hurt chip makers. The company faces $800 million in costs from new limits on selling advanced chips to China, which equal half what AMD earned last year. Lynx Equity warns investors that AMD stock prices will fall further. They believe most people miss how tariffs hurt AMD just like they hurt Intel.
The research firm thinks AMD will make $29.1 billion this year instead of the $31 billion others expect. This means AMD would grow only 13 percent from last year. Lynx sees AMD's stock price dropping to $90 based on lower earnings than Wall Street predicts. AMD did add $5 billion to its cash reserves before these problems hit. The stock has already lost 16 percent of its value this year.
The research firm thinks AMD will make $29.1 billion this year instead of the $31 billion others expect. This means AMD would grow only 13 percent from last year. Lynx sees AMD's stock price dropping to $90 based on lower earnings than Wall Street predicts. AMD did add $5 billion to its cash reserves before these problems hit. The stock has already lost 16 percent of its value this year.
