AMD Earnings Report Expected to Trigger Significant Stock Movement
Advanced Micro Devices (AMD) is poised to release its quarterly earnings after today's market close, with Wall Street anticipating record revenue fueled by its data center segment. Options traders are pricing in a potential 7% swing in either direction, which could push the stock to new highs or retreat to late-January levels.
The chipmaker's recent AI-related deals, including a high-profile partnership with OpenAI, have propelled its shares to all-time highs. Yet rising bubble concerns in the AI sector and elevated expectations create a make-or-break scenario for this earnings report.
While analysts remain predominantly bullish, AMD's current valuation has already surpassed consensus price targets—raising questions about how much further the rally can extend without substantial earnings surprises.
