AMD beats earnings estimates, misses Q4 guidance (finance.yahoo.com)

submitted 9 months ago by OpticalMoose@discuss.tchncs.de to c/chip_stocks@discuss.tchncs.de

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AMD delivered decent results for Q3, but Wall Street was disappointed by its guidance for Q4.

After hours trading was low, as much as -4% at times, but recovered after the earnings podcast and Q&A. CEO Lisa Su predicted MI300 AI chip sales of $400m in Q4 and $2b for Fy2024.

Slide show: https://d1io3yog0oux5.cloudfront.net/_bb564a866bc41f45b16c329e8171eb02/amd/db/778/6935/file/AMD+Q3%2723+Earnings+Slides.pdf

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this post was submitted on 01 Nov 2023

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