AMD Smashes Expectations: Chipmaker Posts Stellar Revenue & Bullish Outlook
:max_bytes(150000):strip_icc()/GettyImages-2196355223-c3480665d7ac449b977f1e26e17fc46e.jpg)
AMD just flexed its silicon muscles—blowing past revenue forecasts and serving up a guidance that left Wall Street scrambling to upgrade price targets.
The Numbers Don't Lie
No need for asterisks or accounting tricks—the chipmaker delivered clean beats where it counts. Revenue? Up. Outlook? Brighter than a TSMC fab at full capacity.
Why It Matters
While rivals fumble with inventory gluts, AMD keeps threading the needle between data center dominance and AI hype-cycle opportunism. (Take notes, Intel—this is how you execute.)
The Cynical Take
Analysts will now 'revise models'—banker-speak for 'we lowballed it so clients panic-buy.' Meanwhile, AMD's CFO quietly high-fives the algo traders already front-running the earnings call.
AMD Sees Q3 Revenue Above Analysts' Estimates
For the current quarter, AMD sees revenue between $8.4 billion and $9.0 billion, above Visible Alpha consensus of $8.28 billion. The outlook does not include any revenue from MI308 shipments to China.
Shares initially ROSE in late trading following the report before reversing course, and recently were down about 3%. They ended Tuesday's regular session at $174.31, up nearly 45% this year.