AMD is set to report Q1 financial results on May 6, showing potential for growth

From Nasdaq: 2025-04-16 05:32:00

Advanced Micro Devices (NASDAQ: AMD) is set to report its Q1 2025 financial results on May 6, with a focus on AI chip sales progress. The company’s data center segment saw a 94% revenue increase in 2024, hitting a record high of $12.6 billion, driven by GPU sales and Ryzen AI chips for PCs.

AMD launched the MI300X AI GPU for data centers in 2023, quickly gaining traction with top AI developers. The upcoming MI350 series based on CDNA 4 architecture offers a 35x performance boost, challenging Nvidia’s Blackwell architecture. AMD sent MI350 samples to customers in Q1 2025, with Oracle planning to use 30,000 MI355X GPUs.

AMD’s stock is trading 54% below its record high from 2024, presenting a potential buying opportunity ahead of the May 6 report. However, uncertainty looms due to President Trump’s recent tariffs on imports, potentially impacting customer budgets for AI infrastructure and GPU sales forecasts.

Investors should consider AMD’s long-term potential despite short-term volatility around the Q1 financial report. With a lower P/E ratio compared to Nvidia and promising AI chip developments, AMD could be poised for significant growth in 2025. Consider potential risks from tariffs but focus on the company’s future prospects.



Read more at Nasdaq: Should You Buy Advanced Micro Devices (AMD) Stock Before May 6?