Tags: amd | earnings

AMD Forecasts Q1 Revenue Above Estimates

AMD Forecasts Q1 Revenue Above Estimates
(AP)

Tuesday, 04 February 2025 04:23 PM EST

Advanced Micro Devices forecast first-quarter revenue above Wall Street estimates Tuesday, betting on strong demand for its AI chips as Wall Street's technology heavyweights build infrastructure to dominate the emerging technology.

The company expects revenue of about $7.1 billion, plus or minus $300 million in the first quarter, compared with analysts' average estimate of $6.99 billion according to data compiled by LSEG.

© 2025 Thomson/Reuters. All rights reserved.


StreetTalk
Advanced Micro Devices forecast first-quarter revenue above Wall Street estimates Tuesday, betting on strong demand for its AI chips as Wall Street's technology heavyweights build infrastructure to dominate the emerging technology.
amd, earnings
62
2025-23-04
Tuesday, 04 February 2025 04:23 PM
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