Here's How Much Traders Expect AMD Stock To Move After Today's Earnings

Core Insights - Advanced Micro Devices (AMD) shares have more than doubled in value in 2025, with significant expectations surrounding its upcoming quarterly results [1][4] - Traders anticipate a potential stock movement of up to 7% in either direction following the earnings report, with current stock levels around $256 [2][7] - The company is expected to report record revenue driven by strong demand for its data center chips, with adjusted earnings per share projected at $1.16 and revenue at $8.76 billion, reflecting a 28% year-over-year increase [5][7] Market Expectations - A majority of Wall Street analysts maintain a bullish outlook on AMD, with many rating it as a "buy," despite the stock already exceeding their consensus target [4] - The optimism surrounding AMD's stock is largely attributed to recent AI deals, particularly a significant agreement with OpenAI [3][4] - Concerns about a potential AI bubble and rising expectations ahead of the earnings report may add pressure on AMD to deliver strong results [3] Stock Performance - AMD's stock has experienced substantial gains this year, primarily fueled by optimism from the OpenAI deal [4] - Recent market conditions have seen AMD shares decline by approximately 2% amid broader tech sector declines, influenced by worries about an AI bubble [5]