AMD likely to 'beat and raise' as BofA sees 'exceptional' demand for server chips

Seeking Alpha ·

In a weekly look at the semiconductor market, Bank of America said it believes AMD ( AMD ) will offer up a “beat and raise” quarter amid “exceptional” demand for server processors. “We expect AMD to beat/raise on continued EPYC share gains, strong

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Bank of America projects that AMD will exceed market expectations, driven by strong demand for its EPYC server processors. Continued gains in data center market share have raised expectations for an upward revision to its earnings guidance. Investors should watch this earnings release to confirm the sustained growth of the AI and server semiconductor markets.

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Bank of America projects that AMD will exceed market expectations, driven by strong demand for its EPYC server processors. Continued gains in data center market share have raised expectations for an upward revision to its earnings guidance. Investors should watch this earnings release to confirm the sustained growth of the AI and server semiconductor markets.

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