AMD earnings on deck with AI ramp, China export restrictions in focus
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The Street
The Street
By Martin Baccardax Advanced Micro Devices (AMD) – Get Free Report shares edged modestly higher in pre-market trading ahead of the chipmaker’s first quarter earnings, which are expected after the closing bell. AMD, which has been touting its AI potential through its leadership position in data center chips, is expected to see its bottom line nudge higher to 68 cents per share, over the three months ending in September, its fiscal first quarter, with revenues rising 2.33% to $5.7 billion. CEO Lisa Su pegged September quarter revenues in the region of $5.7 billion, plus or minus $300 million, wi…