AMD (AMD) reported its Second trimester results After the bell on Tuesday, missing on the profit adjusted by Action (BPA), but beating the expectations of analysts on income. The company has also provided better than expected directives between 8.4 billion and $ 9 billion. Wall Street was waiting for $ 8.3 billion.
The announcement became before the price report of the market leader and the NVIDIA market leader (NVDA) later this month.
Despite the solid perspectives, the AMD action course has dropped by more than 4% of preheating after the news. The company’s shares have increased by 44% over one year and 29% in the last 12 months. NVIDIA shares increased 32% and 77% respectively.
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For the quarter, AMD saw an adjusted BPA of $ 0.48 on a turnover of $ 7.6 billion. Wall Street expected a BPA of $ 0.49 on a turnover of $ 7.4 billion, according to estimates by Bloomberg consensus.
AMD said it had seen an impact of $ 800 million compared to the prohibition of the Trump administration on the sale of the AI Mi308 fleas in China. This led to an operating loss of $ 155 million in the quarter.
Nvidia took a depreciation of $ 4.5 billion in the first quarter ban and said it expected a sure blow of $ 8 billion to its second quarter for the exercise.
Trump reversed the course on the ban last month, which should help compensate for some of these losses in the coming quarters.
The AMD should also benefit from the launch of its range of AI Mi350 chips, designed to go aside with NVIDIA -based fleas. According to AMD, the MI350 line, which includes the MI350X and the MI355X, offers four times the AI calculation performance and an increase of 35x of the inference capacities compared to its predecessors.
AMD data centers’ revenues exceeded $ 3.2 billion, meeting Wall Street expectations. The company saw $ 2.8 billion in the segment last year.
Beyond the data centers segment, AMD’s customer activity, which includes processor sales for office computers and laptops, has generated $ 3.6 billion in income compared to $ 2.5 billion.
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