AMD to report Q2 earnings as chip stocks continue to waver

Image for article AMD to report Q2 earnings as chip stocks continue to waver
News Source : Yahoo Entertainment

News Summary

  • AMD ( AMD ) will report its second quarter earnings after the bell on Tuesday.
  • AMD stock has climbed an impressive 194% in the last 12 months, thanks to the rise of AI agents.
  • For the quarter, AMD is expected to report earnings per share of $1.62 on revenue of $11.3 billion, according to Bloomberg analysts' consensus estimates.
  • The PC industry is facing a downturn as a result of increased memory prices, which could impact AMD and Intel's PC chips businesses in the coming months.
AMD (AMD) will report its second quarter earnings after the bell on Tuesday as investors continue to navigate the choppiness across chip stocks.

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