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AMD Earnings: Intel Was Right About One Thing

Short-term pain for long-term performance.

By Neil Rozenbaum – May 3, 2023 at 9:30AM EST

In this video, I will go over Advanced Micro Devices' (AMD +0.47%) first-quarter earnings report and talk about why investors should look at any weakness in the stock as an opportunity. With that said, it seems Intel was right about one thing. 

*Stock prices used were from the trading day of May 2, 2023. The video was published on May 2, 2023.

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Neil Rozenbaum has positions in Intel. The Motley Fool has positions in and recommends Advanced Micro Devices. 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. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Advanced Micro Devices Stock Quote
Advanced Micro Devices
NASDAQ: AMD
$197.49
(+0.74%)+$1.45
Intel Stock Quote
Intel
NASDAQ: INTC
$42.80
(+3.90%)+$1.61

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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