Notebook Projections Signal Bullish Opportunities for AMD, Intel, and TSMC Stockholders

By Jose Najarro, Nicholas Rossolillo, and Billy Duberstein – Apr 10, 2023 at 9:38AM

NASDAQ: AMD

Advanced Micro Devices

Market Cap

$245B

Today's Change

(-0.35%) -$0.53

Current Price

$151.74

Price as of April 24, 2024, 4:00 p.m. ET

Notebook shipments are still expected to be down year over year, but it seems the bottom has passed.

A new report by TrendForce forecasts an 11% sequential growth in global notebook shipments, which can be a bullish signal for semiconductor companies that have exposure to the consumer market like Advanced Micro Devices (AMD -0.35%), Intel (INTC 0.64%), and Taiwan Semiconductor Manufacturing (TSM -0.34%). Check out the short video to learn what semiconductor investors Jose Najarro, Nicholas Rossolillo, and Billy Duberstein had to say. Also, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of April 6, 2023. The video was published on April 8, 2023.

Billy Duberstein has positions in Taiwan Semiconductor Manufacturing. Jose Najarro has positions in Advanced Micro Devices and Taiwan Semiconductor Manufacturing. Nicholas Rossolillo has positions in Advanced Micro Devices. The Motley Fool has positions in and recommends Advanced Micro Devices and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel and long January 2025 $45 calls on Intel. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.