🔥Stock Prediction: How will AMD close Wed 31/1 following their earnings?

Tiger_Earnings
01-29

Click to vote. Guess how will $Advanced Micro Devices(AMD)$ close Wednesday 1/31 following their earnings?? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.

$Advanced Micro Devices(AMD)$ is set to post its earnings after the market close on Tuesday. Analysts expect to see adjusted earnings per share (EPS) of $0.77 on revenue of $6.13 billion, according to Bloomberg. That would represent year-over-year growth rates of 12.3% and 10%, respectively. Adjusted net income is expected to come in at $1.27 billion while operating profit is seen at $1.43 billion.

What to watch:

AMD reports revenue by four separate segments: data center, client, gaming and embedded. Data center commands the largest share of revenue and is expected to post revenue of $2.3 billion, a 39% increase from a year ago. The client, gaming and embedded segments should deliver $1.52 billion, $1.25 billion and $1.07 billion, respectively.

Investors are also keen to hear how its MI300X AI chips are performing. The chipset aims at artificial intelligence data centers in a direct bid against Nvidia. The Ryzen 8040 series, designed for personal devices, is also in focus.

AMD's earnings call will be held on 31st January 2024 at approximately at 6:00 SGT. To set a reminder, please click here

💰Event Details

  • Click to vote. Guess where $Advanced Micro Devices(AMD)$ will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.

  • For example, If 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins.

  • Reply and forward this post, share your insights about AMD's financial reports, and you will have the chance to win Tiger gifts.

⏰Event Duration

The deadline for this event is 04:00 on 31st January 2024

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voteHow will AMD close Wed 31/1 following their earnings?(Single choice)
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# AMD Plunge: Chip Stocks Start to Pull Back?

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