Movement Alert|Advanced Micro Devices Overnight Rise 5.19%, Q3 Results and Q4 Guidance Beat Expectations

Market Focus
11/04

On November 4, Advanced Micro Devices rose 5.19% Overnight, trading at $508.0/share, with Turnover of $134,700.

The move followed an earnings-driven catalyst: the company reported third-quarter adjusted EPS of $2.09 versus market expectations of $1.95, and revenue of $13.377 billion versus expectations near $13.09 billion.

Guidance was the stronger signal for investors. Advanced Micro Devices projected fourth-quarter revenue of about $17.0 billion, plus or minus 3%, above consensus near $16.23 billion to $16.29 billion. Third-quarter data center revenue rose 97% year over year to $8.546 billion, accounting for roughly 64% of total revenue, while management said data center growth should accelerate in the fourth quarter as Helios and Venice ramp.

Additional details were mixed but broadly supportive: gaming revenue of $773 million and embedded revenue of $1.11 billion were both ahead of consensus, while fourth-quarter adjusted gross margin was guided to about 55%, slightly below a 55.5% expectation.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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