AMD(US:AMD) 智通财经网·2025-05-05 11:20Group 1 - AMD is set to announce its quarterly earnings after the market close on Tuesday, with analysts recently lowering their price targets due to tightened U.S. export restrictions on chips to China [1] - Analysts expect AMD's Q1 revenue to be $7.13 billion, a 30% year-over-year increase, with adjusted earnings of $1.55 billion, or $0.94 per share, representing over 50% growth compared to the same period last year [1] - Data center sales are projected to grow by 55%, reaching $3.63 billion [1] Group 2 - Bank of America Securities has reduced AMD's price target from $110 to $105, citing new licensing requirements from the Trump administration as an "effective shipping ban" on AMD's MI308 chip [1] - Deutsche Bank analysts lowered AMD's price target from $120 to $105, while Wedbush Securities cut theirs from $150 to $115 around the same time [2] - The average price target among analysts tracking AMD is $123.50, representing a 25% premium over the last closing price of $98.80 [2] Group 3 - Among 12 analysts tracking AMD, 6 rated the stock as "buy," 5 as "hold," and 1 as "sell," with AMD's stock losing nearly one-fifth of its value in 2025 [2] - Citigroup noted that spending on artificial intelligence (AI) is a positive signal, despite the uncertain tariff environment [2] - Major companies like Meta, Microsoft, and Alphabet have reaffirmed their significant capital expenditures for AI infrastructure, indicating that AI infrastructure remains a key priority for large enterprises [2]