Report
AMD set to report third-quarter earnings November 3 amid AI spending worries
AMD's third-quarter sales are projected at $13 billion by Wall Street analysts, up 42% from last year.
TLDR
AMD is scheduled to report earnings Tuesday afternoon. It is one of this year's best-performing chip stocks, but skepticism about AI spending is rising. Neville Javeri, a portfolio manager at Allspring Global Investments, says maintaining that momentum will take a significant earnings beat and a strong outlook, not a modest report.
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