Earnings Outlook
AMD earnings: Following Intel earnings, analysts are lowering their targets for AMD’s second half and questioning whether the company is set up for near-term returns on artificial intelligence
Advanced Micro Devices Inc. Chief Executive Lisa Su is expected to speak to analysts Tuesday after AMD’s earnings report.
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Advanced Micro Devices Inc. doesn’t face the dismally low expectations that Intel Corp. had when the larger chip maker reported results, leading to some concerns that the bar for AMD may actually be too high.
AMD AMD is scheduled to report first-quarter earnings after the close of markets Tuesday. Last week, Intel Corp. INTC reported its largest quarterly loss ever, but the chip maker saw its shares rise because its PC and data-center sales, while on the decline, had come in better than expected. The chip maker also lowered…
