$AMD reports Q2 earnings tomorrow after the close. The company guided for approximately $11.2 billion in revenue, representing roughly 46% growth year over year. Personally, I believe AMD will smash these numbers and raise its full year guidance. I’ll mainly be watching Data Center growth, Instinct GPU momentum, gross margins and commentary surrounding MI450, Helios and its massive AI pipeline. Expectations are much higher now, but I believe AMD is still being underestimated.
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8 Comments
NickMtb @nickmtb · 14d
Forgot to mention, I would have been selling at some shares if it was $550, but at $485 , it's slightly deriskwd. So not worth it. I suspect a short dump, with quick recovery like last time around. My best prediction 🤔
Marsia @gnomishness · 14dEdited
I am hoping analysts see how much Helios is going to help the hyper scalers cut cap ex. Even if the stock dips on earnings, the jump they just made to fully integrated rack systems means they can compete with NVDA’s AI Factory model now.
Seth Felder@sethtrades · 14d
I think they’re going to beat but still gonna dip after. At a 150 p/e there gonna need to do INSANELY well to pump back up
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