| AMD |
Report |
Total Revenue |
BEAT |
pred ~$11.5B vs. cons $11.3B |
HIGH |
| AMD |
Report |
Non-GAAP EPS |
BEAT |
pred ~$1.68 vs. cons $1.61 |
MEDIUM |
| AMD |
Report |
Data Center segment revenue |
BEAT |
pred ~$6.6B vs. cons $6.4B |
MEDIUM |
| AMD |
Guide |
Q2 Non-GAAP gross margin (reported) |
UNCHANGED |
pred ~56% vs. cons 56% (Q2'26 reported) |
HIGH |
| AMD |
Guide |
Q3'26 revenue guide |
BETTER |
guide ~$13.0B vs. cons $12.6B (Q3'26) |
MEDIUM |
| AMD |
Guide |
Q3'26 Non-GAAP gross margin guide |
LOWER |
guide ~55% vs. cons 56% (Q3'26, MI450 ramp dilution) |
MEDIUM |
| AMD |
Guide |
2027 Data Center AI revenue framing |
BETTER |
guide ~$30B+ vs. cons ~$25B (FY2027 'tens of billions') |
MEDIUM |
| AMD |
Guide |
2H'26 Gaming revenue |
LOWER |
guide down >20% H/H vs. cons ~down 10% (2H'26) |
MEDIUM |
| AMD |
Guide |
Server CPU YoY growth commentary |
BETTER |
guide ~+70% YoY vs. cons ~+55% YoY (Q2'26) |
MEDIUM |
| AMD |
Return |
Day-1 residual (stock − beta × S&P 500) |
+7.0% |
— |
MEDIUM |
| AMD |
Return |
5-day cumulative residual |
+9.0% (FOLLOW-THROUGH) |
Stock derisked ~17% off June highs into the print (485 vs 580), so a likely beat-and-raise with reaffirmed/hiked 2027 'tens of billions' AI trajectory and +70% server-CPU narrative reignites momentum-buying rather than triggering fade, echoing the +18.6% Q1 reaction and continued drift higher. Out-period math is mixed — MI450 ramp is Q4 gross-margin dilutive (implicit near-term margin cuts) — which caps the extension and adds fade risk, but the escalating TAM/backlog (Anthropic 2GW, Meta 6GW, Core Scientific >$14B) drives net-positive 2H/2027 revenue revisions that carry the initial move forward modestly. |
LOW |