AMD beats Q2 estimates but shares fall on AI growth concerns
AMD reported strong quarterly results with revenue of $11.54B (up 50% YoY) and EPS of $1.66, beating consensus estimates. Data center revenue surged 107% to $6.72B. Despite the beat, shares fell over 9% after hours as investors focused on high AI expectations and a more than doubling of capex to $808M.
Detected & updated continuously · Source: Nebula
Sources
@StockSavvyShay
$AMD delivered a strong quarter into an almost perfect bar but the market fixated on capex more than doubling from $389M to $808M. That spending supports two AI engines at once because agentic systems need EPYC CPUs to retrieve data, call tools and coordinate workloads while https://t.co/LR8eInibZ4
@PiQMarkets
AMD shares fall as AI payoff expectations remain high Advanced Micro Devices shares declined pre-market after its revenue forecast, though strong, fell short of lofty investor expectations for AI chip growth. The company aims to challenge Nvidia's dominance in the AI market.
@FranceCryptos
🚨 @AMD déçoit sur ses perspectives malgré un bond de 107% du data center L'activité centres de données d'AMD a plus que doublé en un an, à 6,7 milliards de dollars. Le fabricant de puces signe un record de revenus trimestriels, 11,5 milliards, en hausse de 50%. Les https://t.co/olN5JLNaWz
@StableStock
$AMD beat across the board — then fell more than 9% after hours. The quarter was strong: revenue $11.54B, up 50%, past the $11.31B consensus. Data center led at $6.72B, up 107%. EPS $1.66 vs $1.62 expected. The sell-off came from outside the print. On a separate call, Elon Musk https://t.co/MmcWDbJ3w2
@DudeWhoInvests
AMD $AMD is the textbook example of what happens to a stock when there is just too much priced into the valuation… Flawless earnings and the stock still dumps. https://t.co/QDWA2ZjVBA