Advanced Micro Devices (AMD 1.46%) investors are having a forgettable year so far as shares of the chipmaker have pulled back by more than 20% in 2025 as of this writing. However, there is a good chance that the company's fortunes could turn around for the better once it releases its first-quarter 2025 results after the market closes on May 6.
Advanced Micro (AMD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The upcoming earnings of AMD will be crucial for the company in terms of forward guidance on AI revenue trajectory and the impact of tariffs. We could see AMD beat estimates for first quarter similar to Intel due to customers pulling ahead their purchases to prevent a tariff hit. AMD has stopped giving guidance for AI revenue, but the product pipeline is strong, and the company could still reach over $10 billion in AI revenue in 2025.
Trading patterns in the past 3~4 weeks suggest an imminent trend reversal for AMD stock prices. Technical indicators such as bullish crossover and rising RSI suggest increasing upward momentum and buying interest. I further expect AMD's upcoming FQ1 earnings report (ER, scheduled on May 6, 2025) to provide the trigger for such a reversal.
Advanced Micro Devices (AMD) reachead $96.39 at the closing of the latest trading day, reflecting a -0.26% change compared to its last close.
Advanced Micro Devices (AMD 4.49%) stock recorded another day of strong gains Thursday. Amid a 2% jump for the S&P 500 and a 2.7% rally for the Nasdaq Composite, the semiconductor specialist's share price closed out the day up 4.5%.
ARM and AMD are strong AI picks with solid growth, but AMD offers more direct exposure to generative AI and trades at a cheaper valuation. ARM has higher profit margins due to its royalty model, but trades at a rich premium compared to AMD. I discuss which is a better pick ahead of upcoming earnings.
Despite the fanfare, the artificial intelligence (AI) revolution has just begun. With the AI market valued at $189 billion in 2023, the United Nations believes it will become a $4.8 trillion market by 2033.
Advanced Micro Devices (AMD 4.81%) stock closed out Wednesday's daily session with big gains. The semiconductor company's share price rose 4.9% in a day of trading that saw the S&P 500 index climb 1.6% and the Nasdaq Composite rise 2.5%.
The uncertainty that has gripped the market recently has been palpable. Concerns about the on-again, off-again tariffs, a high-profile spat between the White House and the Federal Reserve Bank, and the ongoing trade war with China have raised concerns about the impact on the broader economy and led to historic volatility.
The tariff-driven stock market sell-off has put the indexes into a correction phase, hitting artificial intelligence (AI) stocks hard. Many of these stocks lost one-third or more of their value, and a few sell for less than half of their recent highs.
In the closing of the recent trading day, Advanced Micro Devices (AMD) stood at $86.26, denoting a +0.82% change from the preceding trading day.