AMD faces high bar ahead of Q2 earnings on strong AI and server chip demand

Seekingalpha+2 · 7 hours ago
AMD faces high bar ahead of Q2 earnings on strong AI and server chip demand
  • AMD is scheduled to report its Q2 earnings on August 4, following a 125% year-to-date rally in its stock price.
  • Wall Street expects the chipmaker to post adjusted EPS of $1.61 to $1.62 and overall revenue of $11.3 billion.
  • The data center segment is anticipated to grow 101% year-over-year to $6.5 billion, led by $4 billion from server chips and $2.5 billion from AI.