What You Need To Know Ahead of AMD's Earnings
AMD(AMD) Investopedia·2024-10-27 17:34
Analyst Estimates for Q3 2024 Q2 2024 Q3 2023 Revenue $6.71 billion $5.84 billion $5.8 billion Earnings Per Share 50 cents 16 cents 18 cents Net Income $815.76 million $265 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 $2.8 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 ...