AMD needs a strong outlook to keep its momentum as AI spending doubts grow
Summary
Advanced Micro Devices is one of this year's best-performing chip stocks, but skepticism about artificial-intelligence spending is rising. The company may need strong results and an aggressive outlook to maintain that momentum when it reports earnings Tuesday afternoon.
Timeline
Bloomberg
Source ↗Bloomberg reports that AMD is one of this year's best-performing chip stocks, but with AI spending skepticism rising, it could need strong results and an aggressive outlook to maintain momentum when it reports earnings Tuesday afternoon.
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