AMD Smashes AI Sales Forecasts—Q3 Outlook Shocks Market Despite Mixed Q2
AMD just pulled off a classic tech sector magic trick—disappointing Wall Street with lukewarm Q2 numbers while simultaneously dazzling them with an AI-fueled Q3 outlook. The chipmaker's rollercoaster earnings prove once again that in tech, future promises trump present performance every time.
AI Saves the Day
While legacy segments sputtered, AMD's AI division roared ahead—because apparently slapping 'AI' on anything still makes analysts forget basic math. The company's guidance suggests they're stealing market share from rivals, though we'll believe it when we see the receipts.
Wall Street's Selective Amnesia
Funny how 'mixed results' suddenly don't matter when there's shiny AI revenue projections to chase. AMD's stock will probably moon tomorrow while value investors quietly sob into their spreadsheets. Another day, another reminder that fundamentals are for boomers.