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
🔥Don't forget to follow@Tiger_Earnings, Tiger's official account for providing key information during earnings season📖📖📖
📖For a beginner's guide to financial statements, click here
Comments