Advanced Micro Devices (AMD) came out with quarterly earnings of $1.2 per share, beating the Zacks Consensus Estimate of $1.17 per share. This compares to earnings of $0.92 per share a year ago.
Advanced Micro Devices (AMD) on Tuesday reported record quarterly results above analysts' projections as booming demand for AI helped boost sales of its data center chips.
Advanced Micro Devices ( AMD ) is positioned as a premier growth story in the global semiconductor and AI acceleration industries. AMD's 2025 surge -- over 100% stock appreciation YTD -- reflects its expanding dominance in high-value markets, propelled by robust data center revenue, state-of-the-art AI accelerators (MI300/MI350/MI450), and strategic wins with hyperscale customers like OpenAI and Oracle ( ORCL ).
The chip maker reported steep gains in both profit and sales for the third quarter as it moved deeper into AI data centers and increased sales of personal computer processors.
Advanced Micro Devices is set to report its latest quarterly results after the closing bell today, with traders expecting a big move in the chipmaker's stock.
As November begins, investors are watching Advanced Micro Devices ahead of the anticipated AMD earnings on Tuesday after the bell.
AMD's Data Center strength, fueled by EPYC and Instinct momentum, is expected to drive solid Q3 results amid fierce competition from NVIDIA and Broadcom.
Big Tech earnings results show demand for AI compute is outstripping supply, and the willingness to spend bodes well for Nvidia, AMD and Broadcom, a Cantor analyst says.
Tech firms will likely command the spotlight during this week's earnings calendar, though pharmaceuticals and gig economy providers are also likely to be in focus.
The chip company faces a “solid” setup into next week's earnings report, and will host an analyst day later in November.
I see sequential Advanced Micro Devices, Inc.'s data center strength continuing into year-end with the MI350 ramp as the core driver. Furthermore, the MI400 in 2026 will support another growth cycle. For Q3, AMD management guided $8.7B revenue (±$300M) and 54% non-GAAP gross margin. The Street's projections sit at $8.75B and $1.17 EPS, with focus squarely on the MI350 momentum. Key risk is China: MI308 exports effectively removed from Q3 guidance, with an $800M charge pressuring margins. I believe China won't materially help this year, despite licenses already being granted.
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