AMD and Sandisk are two of the big chip stocks with earnings momentum in the new week
Key semiconductor companies Sandisk and Advanced Micro Devices (AMD) are expected to report earnings in the new week, with analysts holding high expectations. Both companies have shown significant earnings momentum, with Sandisk seeing 34 upward earnings estimate revisions and AMD 54 revisions in the past three months. Microchip Technology is also highlighted as another semiconductor stock with strong prospects.
Why it matters
Attributed market update with source link for portfolio context.