Core Insights - Advanced Micro Devices Inc (AMD) reported third-quarter revenue of $9.25 billion, exceeding analyst estimates of $8.74 billion, with adjusted earnings of $1.20 per share, surpassing expectations of $1.16 per share [2][3] Financial Performance - Total revenue increased by 36% year-over-year, with operating income of $2.24 billion and cash and cash equivalents of approximately $4.81 billion at the end of the quarter [2][3] - Revenue breakdown by segment includes Data Center at $4.3 billion (up 22% year-over-year), Client and Gaming at $4 billion (up 73% year-over-year), and Embedded at $857 million (down 8% year-over-year) [7] Future Outlook - AMD anticipates fourth-quarter revenue of approximately $9.6 billion, with a variance of plus or minus $300 million, compared to analyst expectations of around $9.15 billion [4] - The current outlook does not factor in revenue from AMD Instinct MI308 shipments to China [5]

Advanced Micro Devices (AMD) reported its Q3 earnings after the bell on Tuesday topped analysts' expectations on earnings and revenue and provided strong fourth quarter guidance. The company say it foresees revenue of between $9.3 billion and $9.9 billion. Wall Street was anticipating revenue of $9.21 billion. AMD stock rose in the immediate wake of the report, then reversed gains to fall as much as 4% in premarket trading on Wednesday. "We delivered an outstanding quarter, with record revenue and profi ...

I was super bullish on AMD (NASDAQ: AMD ) after the company debuted a new slate of (Instinct) AI accelerators which the chip-maker launched to mount a full-scale assault on Nvidia ( NVDA ). On Monday, beforeAnalyst’s Disclosure:I/we have a beneficial long position in the shares of AMD, NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business rel ...

I was super bullish on AMD (NASDAQ: AMD ) after the company debuted a new slate of (Instinct) AI accelerators which the chip-maker launched to mount a full-scale assault on Nvidia ( NVDA ). On Monday, beforeAnalyst’s Disclosure:I/we have a beneficial long position in the shares of AMD, NVDA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business rel ...

Industry Overview - The semiconductor industry is projected to grow from $631.01 billion in 2025 to $958.93 billion by 2030, with a CAGR of 8.73% during this period, driven by demand for AI and data center technologies [2] - Shipment volume in the semiconductor market is expected to increase from 1.40 trillion units in 2025 to 2.29 trillion units by 2030, at a CAGR of 10.32% [3] AMD Insights - AMD's data center revenues surged 57.2% year over year to $3.674 billion in Q1 2025, accounting for 49.4% of total revenues, driven by the adoption of EPYC processors [4] - The launch of the AMD EPYC 4005 Series processors in May 2025 is aimed at enhancing performance and efficiency for small and medium businesses [6] - AMD's partnerships with major hyperscalers like Oracle and Google Cloud have expanded the use of its EPYC CPUs, contributing to its growth [5] Semtech Insights - Semtech's data center revenues reached a record $51.6 million in Q1 fiscal 2026, up 143% year over year, driven by demand for CopperEdge and FiberEdge products [7] - The launch of the CopperEdge portfolio in April 2025 includes solutions that enable 800G and 1.6T connectivity for AI/ML data centers, focusing on power savings and performance [8] - Semtech has strengthened collaborations with cloud service providers, enhancing its position in next-generation data center infrastructure [9] Performance and Valuation - Year-to-date, AMD shares have decreased by 2.8%, while SMTC shares have fallen by 38.5%, attributed to a challenging macroeconomic environment [11] - Both AMD and SMTC shares are currently considered overvalued, with AMD trading at a forward Price/Sales ratio of 5.65X and SMTC at 3.09X [14] - The Zacks Consensus Estimate for AMD's 2025 earnings is $4.02 per share, reflecting a 21.45% year-over-year increase, while SMTC's fiscal 2026 earnings estimate is $1.66 per share, indicating an 88.64% year-over-year increase [16] Earnings Performance - AMD has consistently beaten earnings estimates over the past four quarters, with an average surprise of 2.30%, while SMTC has a higher average surprise of 10.83% [17] - Semtech's stronger earnings surprise history and innovative solutions position it as a more attractive investment compared to AMD [18]