AMD's AI Wave: Crushing Estimates & Launching Helios

AMDs first quarter earnings, released after the bell on Tuesday, are under scrutiny as the company navigates the AI wave with surging CPU demand. Wall Street anticipates earnings per share of $1.28 on $9.88 billion in revenue, a significant leap from last years $0.96 per share and $7.43 billion. This comes on the heels of Intels impressive earnings last week, which saw shares surge 24% after lifting its data center outlook. AMDs powerhouse CPUs and GPUs for AI training give it an edge over Intel, with data center sales projected to rise 52% year over year. While client revenue is strong, the PC side faces challenges due to tight memory supplies and declining global PC shipments. AMD, however, is poised to launch its Helios rack-scale system, maintaining its AI momentum. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7af2df0459e83343