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-0.000696081185047656 -0.000329722666601491 0.00182772194202585 0.00247902597481899 0.00247902597481899 0.00247902597481899 0.00247902597481899 0.00247902597481899
Stock impact report

AMD to report Q4 earnings amid AI spending concerns [Yahoo! Finance Canada]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
AMD ( AMD ) will report its fourth quarter earnings after the bell on Tuesday, providing Wall Street with its best look yet at the health of the ongoing AI trade. Microsoft ( MSFT ) and Meta ( META ) reported their respective results last week, sparking wildly divergent reactions from traders: Many balked at Microsoft's increased spending and more modest growth, but applauded Meta's performance despite a massive jump in its own AI spending. Despite consistent fears of an AI bubble and overspending, shares of AMD and rival Nvidia ( NVDA ) are up significantly over the last 12 months, with AMD climbing 114% and Nvidia rising 58%. AMD, like Intel ( INTC ), is also contending with the global memory shortage, which could force PC makers to raise prices on laptops and desktops, impacting sales and hitting AMD's consumer chip business. AMD is expected to report Q4 earnings per share (EPS) of $1.32 on revenue of $9.6 billion, according to Bloomberg analyst consensus estimates. That w Show less Read more
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