Financial Performance - AMD reported fourth quarter adjusted EPS of $1.53, exceeding expectations of $1.32 [1] - Revenue for the fourth quarter was $10.27 billion, significantly better than the expected $9.67 billion [2] - R&D expenses for the fourth quarter were $2.33 billion, maintaining a consistent level relative to revenue [3] Guidance and Market Reaction - AMD provided first quarter revenue guidance of $9.5 billion to $10.1 billion, which is above the expected $9.4 billion [4] - Despite better-than-expected results, the stock reacted negatively, down about 4% [7] - There is speculation that the market's reaction may be due to high expectations leading into the earnings report [8] Market Position and Strategy - AMD is recognized as a leader in the CPU market, gaining market share from Intel, which is expected to provide long-term benefits [6] - The focus on data center revenue was significant, with a reported 39% year-over-year growth [12] - Concerns were raised regarding inventory buildup and the sales of the MI308 data center GPU, which may have affected market sentiment [12][13] Competitive Landscape - AMD is seen as challenging Nvidia's dominance in the GPU market, with investors looking for updates on product adoption rates [10] - The competitive environment is shifting, with attention on TPUs and other market dynamics impacting AMD's positioning [11]

All right. So, hike modest or not, why is that moving prices higher when just last week uh we saw oil move lower on over supply concerns. So, Frank, last week there was a a rumor going around markets that OPEC was considering um fast forwarding the return of of 1.6% million barrels a day uh over the course of the following three months.So people are looking at potentially half a million barrels a day increase uh now and this over the weekend another half a million in a month another half a million month fro ...