Advanced Micro Devices Inc (NASDAQ:AMD, ETR:AMD) reported fourth-quarter financial results that exceeded market expectations, but its stock see-sawed in after-hours trading. The company posted adjusted earnings per share of $1.09, in line with analyst estimates, while revenue came in at $7.66 billion, surpassing the projected $7.54 billion.
Advanced Micro Devices forecast first-quarter revenue above Wall Street estimates on Tuesday, betting on strong demand for its AI chips as Wall Street's technology heavyweights build infrastructure to dominate the emerging technology.
The company reports results after Tuesday's closing bell.
Advanced Micro Devices (AMD) is set to report its fourth-quarter results after the market closes Tuesday, with analysts projecting revenue and earnings growth on strong demand for AI chips.
Alphabet (GOOGL) and AMD Inc. (AMD) report earnings at the close, and each has moved differently to their reports in the past. Kevin Hincks weighs example option trades for both companies ahead of the earnings.
The battle between Advanced Micro Devices Inc. AMD and Qualcomm Inc. QCOM is heating up as both chipmakers gear up to report earnings.
One of the premier producers of graphics processing units (GPUs), Advanced Micro Devices (NASDAQ: AMD), has had an extended period of underperformance.
One of the biggest chipmakers is set to report earnings after the closing bell. Rick Ducat looks at the open interest for the Feb. 7 strikes, saying the $120 strike has a lot of activity ahead of earnings.
Advanced Micro Devices (AMD) is set to report its fourth-quarter results after the market closes Tuesday, with analysts projecting revenue and earnings growth on strong demand for AI chips.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
AMD investors will closely examine the chip designer's artificial intelligence strategy when it reports fourth-quarter results on Tuesday as Big Tech's shift to custom silicon raises doubts about its place in the AI infrastructure race.
In this video, I will cover the recent updates regarding Advanced Micro Devices (AMD -2.45%) and what analysts expect the company to report on Tuesday. Watch the short video to learn more, consider subscribing, and click the special offer link below.