What You Need To Know Ahead of AMD's Earnings Report

Key Metric: Data Center Growth

AMD will study gross for its information halfway segment, pinch investors watching for continued maturation connected AI demand.

In nan first quarter, AMD's information halfway business reached a record-high gross of $2.3 billion, up 80% from nan year-ago period, driven by income of MI300 chips utilized for AI information centers.

Analysts expect information halfway gross to beryllium $2.79 billion, according to statement estimates from Visible Alpha, which would beryllium a quarterly grounds precocious for nan segment.

Business Spotlight: Outlook and Investor Sentiment Amid AI Boom

AMD will supply its expectations for gross for nan 3rd quarter, pinch investors apt watching intimately arsenic sentiment surrounding nan banal has been little favorable than for galore of its AI chipmaker peers.

Investors see Nvidia (NVDA) and Broadcom (AVGO) arsenic favourite stocks wrong nan semiconductor industry, while AMD was among nan "most unpopular," according to Citi analysts who precocious met pinch investors to gauge their views connected chipmaker stocks.

AMD's third-quarter gross forecast is expected to beryllium $6.66 billion, according to statement estimates compiled by Visible Alpha. If AMD's outlook were to surpass estimates, it could enactment arsenic a affirmative catalyst for nan stock.

Goldman Sachs analysts expect AMD will supply third-quarter guidance successful statement pinch statement estimates. The analysts said they expect nan chipmaker to update its information halfway GPU gross forecast to $4.5 cardinal from $4 billion, which could besides amended investor sentiment.

Shares of AMD person mislaid astir 2% of their worth truthful acold this year, astatine $144.63 arsenic of Wednesday's close.