$AMD(AMD.US)AMD will release its earnings on November 4th, drawing close market attention after shares tripled this year. Major orders from OpenAI and Oracle may bring huge revenue, as AMD intensifies its challenge to Nvidia’s dominance in the AI data center market. Although AMD has a record of beating estimates, its stock price is famously volatile on earnings day.
This report is especially important for updates on MI300 series sales, new customer orders from Meta, Microsoft, and Google, the forthcoming MI450 chips, and competitive pressure from Nvidia and Intel’s collaboration.
In short, AMD’s upcoming earnings are a crucial test of its AI strategy and future growth in the industry.
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