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AMD
Benzinga
14 days

AMD Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. AMD's Q2 earnings are expected at 48 cents per share, down from 69 cents. 2. Projected revenue for Q2 is $7.43 billion, up from $5.83 billion last year. 3. AMD licensed FlexGen IP for next-gen chips enhancing AI capabilities. 4. Recent analyst ratings show positive target price adjustments for AMD. 5. AMD shares rose 3% to $176.78 ahead of earnings report.

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FAQ

Why Bullish?

The projected revenue increase and positive analyst ratings indicate growth potential. Historical performance shows that favorable earnings and guidance typically boost AMD's stock price.

How important is it?

The article addresses key factors influencing AMD's immediate performance, highlighting earnings and analyst expectations. Such insights directly correlate with stock price movements.

Why Short Term?

Earnings results and analyst price targets will affect stock immediately. Such events typically influence market sentiment and stock performance in the following weeks.

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