News Formal

AMD earnings on deck with AI ramp, China export restrictions in focus

  • 📰 startelegram
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

AMD, which is looking to ramp its new generation of AI chips, will post fiscal first quarter earnings after the close of trading Tuesday.

shares edged modestly higher in pre-market trading ahead of the chipmaker's first quarter earnings, which are expected after the closing bell.

CEO Lisa Su pegged September quarter revenues in the region of $5.7 billion, plus or minus $300 million, with gross margins of around 51%, when she last spoke with investors in early August. The new chips are expected to ship in volumed by the fourth quarter of this year, with reports suggesting Amazon

Investors will also look for a detailed impact from expanded restrictions on the sale of advanced technologies to China, unveiled earlier this month by U.S. Trade Secretary Gina Raimondo.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 248. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

AMD Reports Earnings Today. What to Expect.The consensus is that Advanced Micro Devices will report quarterly revenue of $5.7 billion with adjusted earnings per share of 68 cents.
Bron: MarketWatch - 🏆 3. / 97 Lees verder »