SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 302.84+2.0%Dec 2 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Sam2/15/2022 6:46:36 AM
1 Recommendation

Recommended By
Return to Sender

   of 95515
 
Research Alert: CFRA Maintains Buy Opinion On Shares Of Advanced Micro Devices
MT NEWSWIRES 6:35 AM ET 2/15/2022


06:35 AM EST, 02/15/2022 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

AMD completed its acquisition of Xilinx yesterday in an all-stock deal for over $50B (1.7234 shares of AMD stock per XLNX share). We view the transaction positively from the perspective that it brings together complementary product offerings (CPUs and GPUs from AMD; FPGAs from XLNX) that will support more growth opportunities within the data center and networking arenas. We note that XLNX also increases AMD's addressable market, with new revenue potential from the emergence of edge computing (e.g., automotive). We expect the deal to be immediately accretive and note Xilinx's significantly higher gross margin profile. We believe the company will look to provide an update on its long-term business model in the coming months (likely at its Analyst Event on June 9), and think AMD can sustain a growth rate at 2x to 3x the broader semiconductor industry over the next three years. We see upside to both revenue and EPS estimates post deal closing. Our 12-month target price of $170 offers significant upside potential.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News