AMD Q3 Earnings Preview: Options Market Signals 8.41% Volatility Amid AI Push
Advanced Micro Devices (AMD) faces heightened expectations as it prepares to report third-quarter earnings. The options market anticipates an 8.41% price swing—significantly wider than the stock’s historical post-earnings MOVE of -1.94%. Wall Street forecasts earnings of $1.17 per share and revenue of $8.76 billion, a 27.2% and 28% year-over-year increase, respectively.
Investors are laser-focused on AMD’s AI strategy, particularly adoption of its Instinct MI350 GPUs by hyperscalers like Oracle and Google. Data Center revenue growth will serve as a critical benchmark for the chipmaker’s competitive positioning against rivals.