Chipmakers Report Strong Results But Cautious Outlook Amid Market Recovery

AMD reported strong Q3 results but provided muted Q4 outlook. Stock fell over 2% on weak guidance.

Intel beat Q3 estimates and showed PC market rebounding. Executing "5 nodes in 4 years" strategy.

Qualcomm unveiled new PC and Android chips to challenge AMD, Intel, and Apple. First to market chips vs Apple.

AMD continues targeting Nvidia with recent AI startup acquisition. Investing in software to deploy AI models.

Chip industry seems to be recovering after pandemic boom/bust cycle. AMD, Intel, Qualcomm reports provide optimism.