In today's video I look at recent earnings for Intel (NASDAQ:INTC) and what investors should keep an eye on during the announcement of AMD's (NASDAQ:AMD) earnings, which is scheduled for Tuesday, July 27. Below I share a few highlights from the video. 

  1. Intel reported earnings on July 22, 2021. The company reported strong year-over-year (YOY) growth demand in its client computing and Internet of Things group. Intel's stock price dropped over 5% on July 23, 2021, as investors were not happy with the YOY decline in data center revenue and the fact that numerous analyst firms had lowered the price target on Intel.  
  2. AMD investors should keep an eye on the enterprise, embedded, and semi-custom segment, which includes revenue from the data centers and gaming consoles. Intel reported a 9% YOY decline in its data center group during Q2 earnings, and it could be a bullish sign if AMD reports growth in this segment, as AMD could be taking market share from Intel.
  3. AMD investors should also keep an eye on the computing and graphics segment, which includes revenue from its graphics cards and processors for laptops and desktops. Intel reported 6% YOY growth in its client computing group during Q2 earnings due to strong demand, and the strong demand could also accelerate AMD's growth. 

*Stock prices used were the midday prices of July 23, 2021. The video was published on July 23, 2021.

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