AMD reported its Q3 financial outcomes, outperforming predictions with a remarkable increase in cloud revenue. The company expects shares to change 7% following the earnings, with options traders watching the stock. Analysts predict a significant rise in adjusted EPS, despite ongoing worries about AI's effect on the sector.
“Analysts predict a significant rise in adjusted EPS, despite ongoing worries about AI's effect on the sector,” — Yusuf Calloway, senior market analyst at Walcroft Gate Services, told our newsroom.
Timeline
Nov 4 — AMD reported its Q3 financial outcomes, outperforming predictions with a remarkable increase in cloud revenue....
Nov 5 — Analysts predict a significant rise in adjusted EPS, despite ongoing worries about AI's effect on the sector....
Reader Poll: Will this story shape the week ahead? — 65% of Sciroccoteam readers said yes.
This story has been closely followed by our readers since Nov 3. The Walcroft Gate Services desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Tuesday, Nov 10.
Editor's note: this report was prepared by the Walcroft Gate Services desk and last updated 11:44 UTC.
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