AMD Just Beats Earnings - Could they survive against bigger AI competitors?
AMD just posted a slight earnings beat, but dropped ~6% after hours. AI and data center demand remain strong—could this set the stage for a breakout when the market opens tomorrow?
Key Takeaways:
✅ EPS meets expectations of $1.09
✅ Revenue beats expectations of $7.5B with $7.56B
✅ Data Center segment is $3.9B in sales. just shy of expectations of $4.09B
✅ Their client segment however beats expectations by ~15%
AMD has fell 33% in the last year and has not been performing well relative to its semiconductor peers. could this be a turn around? What do you guys think?
