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Here comes AMD… (AMD)

amd ceo lisa su

  • AMD is set to report fourth-quarter earnings after Tuesday’s closing bell.
  • Ahead of the results, shares were down 5% — one day after rival Nvidia warned that conditions in China had led to an “extraordinary, unusually turbulent” quarter.
  • The warning from Nvidia could indicate an earnings miss for AMD, one Wall Street analyst said.
  • Watch AMD trade live.

AMD is set to report fourth-quarter earnings after Tuesday’s closing bell. Here’s what analysts are expecting, according to Bloomberg:

  • Adjusted earnings per share: $0.08
  • Revenue: $1.44 billion

Ahead of the results, shares had already plunged 5% Tuesday — read more >>>

Source:: BusinessInsider.Com