Caution on AMD Revenue Outlook and Margins

3 months ago

Speaker

"Okay, I want to start with advanced micro devices. Uh AMD, right? Their shares have been down as much as 5%. They're basically the main rival to Nvidia in that AI chip market and they really failed to impress investors with their revenue forecast. Analysts had some issues with margins, the outlook. Investors, they were really betting heavy on the company. I mean, they did some big deals with Open AI, with companies like Oracle."

The speaker highlights that AMD's share price is down about 5% following a disappointing revenue forecast and margin concerns. Despite notable deals and a strong market position against Nvidia in the AI chip space, the outlook is casting doubt on a near-term payoff, suggesting caution for investors.

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