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AMD gains as Northland says share gains likely to continue [Yahoo! Finance]
Last intel corporation earnings: 4/23 04:07 pm
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US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Markets said that they believe that the company will report revenue at or above the high end of its guidance for the third quarter in a note dated Monday. “We expect AMD to continue to gain a share in server CPUs and AI accelerators in CY25. Slowing earnings growth will likely be OPEX as AMD invests billions of dollars to capture tens of billions of future annual revenue,” the analysts said. The anticipated revenue increase is expected to boost AMD's bottom line, with non-GAAP earnings likely surpassing the consensus estimate of $0.92 per share. The analysts flagged AMD's ability to gain market share in the server CPU segment, a trend that has been bolstered by improvements in the enterprise market over the last three months. There are signs that demand for non-AI server products is also picking up, contributing to AMD's momentum in data center AI solutions. Northland expects AMD to guide for revenue above consensus for the fourth quarter, fueled by ongoing strength in its A
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