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via finance.yahoo.comMarkets

AMD heads into earnings with AI guidance in the spotlight

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. Advanced Micro Devices Inc. (AMD, Financials), a semiconductor giant, is approaching third-quarter earnings with investors looking for guidance as demand for artificial intelligence and data-centers continues to be robust.Wall Street is…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralElevated expectations for AMD ahead of quarterly results, focused on AI and data-center demand.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Analysts expect earnings of $1.94 per share, up 61.7% from a year ago.
  2. 02Revenue is expected to rise 41.5% to $13.09 billion.
  3. 03The stock has surged more than 135% this year.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Advanced Micro Devices, Inc.AMDStock470.08 USDMarket closedtoday -6.88%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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