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What You Need To Know Ahead of AMD's Earnings
AMDAMD(US:AMD) Investopedia·2024-10-27 17:34

Analyst Estimates for Q3 2024 Q2 2024 Q3 2023 Revenue 6.71billion6.71 billion 5.84 billion 5.8billionEarningsPerShare50cents16cents18centsNetIncome5.8 billion Earnings Per Share 50 cents 16 cents 18 cents Net Income 815.76 million 265million265 million 299 million Key Metric: Data Center Revenue In July, AMD reported data center revenue in the second quarter more than doubled year-over-year to a record 2.8billion,asdemandforthecompanysartificialintelligence(AI)chipssurged.Analystsexpectdatacenterrevenuetorisetoafreshhighof2.8 billion, as demand for the company's artificial intelligence (AI) chips surged. Analysts expect data center revenue to rise to a fresh high of 3.52 billion for the third q ...