ChipmakerAdvanced Micro Devices, Inc.(NASDAQ:AMD) is scheduled to report its first-quarter results Tuesday after the market closes. The company's exposure to artificial intelligence technology makes its earnings a significant report to keep an eye on to confirm whether the momentum is alive and kicking.
Key Q1 Metrics – What To Expect: Santa Clara, California-based AMD is widely expected to report a modest year-over-year increase in first-quarter earnings and revenue.
| Q1'24 Consensus* | Q1'24 Guidance | Q1'23 | Q4'24 | |
| Revenue | $5.46B | $5.4B +/- $300 M | $5.35B | $6.17B |
| Non-GAAP EPS | 61 cents | N/A | 60 cents | 77 cents |
| Non-GAAP gross margin | N/A | 52% | 50% | 51% |
Rosenblatt analystHans Mosesmann said he expects an in-line print, with a bias to the upside. His optimism is...
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