The post Why Are Chip Stocks Up Today? AMD Earnings Hopes And Bargain Buying After Selloff appeared first on Coinpedia Fintech News
Chipmakers bounced back before Tuesday’s open after heavy losses in the prior session. AMD rose 2.92%, Intel gained 2.85% and Nvidia added 1.58% in premarket trading. AMD reports third-quarter results after the close, with revenue expected at about $13.1 billion, up 42%, and adjusted earnings of $1.95 a share. Investors will watch its data centre …