Advanced Micro Devices Inc. (AMD)
AMD could still be a sleeper against Nvidia, but Wall Street isn't yet convinced
Advanced Micro Devices Inc. executives made some bold statements about the company's underdog AI accelerator chip Tuesday, and said it is ready to take the spoils from rival Nvidia Corp.
Advanced Micro Devices, Inc. (AMD) Q3 2024 Earnings Call Transcript
Advanced Micro Devices, Inc. (NASDAQ:AMD ) Q3 2024 Results Conference Call October 29, 2024 5:00 PM ET Company Participants Mitch Haws - Vice President of Investor Relations Dr. Lisa Su - Chair and Chief Executive Officer Jean Hu - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Toshiya Hari - Goldman Sachs Aaron Rakers - Wells Fargo Ross Seymore - Deutsche Bank Ben Reitzes - Melius Research Joshua Buchalter - TD Cowen & Company Timothy Arcuri - UBS Joe Moore - Morgan Stanley Vivek Arya - Bank of America Securities Harlan Sur - JPMorgan Stacy Rasgon - Bernstein Research Harsh Kumar - Piper Sandler Thomas O'Malley - Barclays Operator Greetings, and welcome to the AMD Third Quarter 2024 Conference Call. At this time, all participants are in a listen-only mode.
Compared to Estimates, Advanced Micro (AMD) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for Advanced Micro (AMD) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Advanced Micro Devices (AMD) Q3 Earnings and Revenues Surpass Estimates
Advanced Micro Devices (AMD) came out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.70 per share a year ago.
Why AMD Stock Surged Today
A new report about OpenAI's hardware strategy just powered significant gains for AMD stock.
AMD Delivers Mixed Q3 Results, Light Guidance; Stock Sinks
AMD matched Wall Street's earnings target for the third quarter on better-than-expected sales. But its guidance was light.
The Takeaways From AMD's Lackluster Revenue Forecast
Matt Bryson, Wedbush Securities managing director and equity research analyst, reacts to Advanced Micro Devices' earnings report on "Bloomberg The Close." AMD said revenue will be roughly $7.5 billion in the fourth quarter, the company said.
AMD Stock Slides as Profits Fall Short of Expectations
Advanced Micro Devices (AMD) reported third-quarter earnings that missed expectations, sending shares lower after the closing bell Tuesday.
EARNINGS ALERT: AMD
AMD slips lower after mixed earnings. The company saw a 122% increase in data center revenue, but its gaming segment fell 69% Y/Y.
AMD reports record revenue but Q4 forecast disappoints
Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.
AMD Earnings: Shares Tumble As Semiconductor Giant Narrowly Beat Expectations On Record Data Center Revenue
Advanced Micro Devices beat Wall Street expectations on earnings and revenue by a small margin, sending shares of the semiconductor firm tumbling in after-hours trading.
AMD shares sink on disappointing Q4 guidance
Advanced Micro Devices Inc (NASDAQ:AMD, ETR:AMD)'s third quarter revenue and earnings topped Wall Street estimates driven by strong demand for its AI data center chips, but shares moved lower as the company's sales guidance disappointed. The company posted record revenue of $6.82 billion for Q3, up 18% year-over-year and ahead of estimates of $6.71 billion.
