AMD Set to Report Second Quarter Earnings Amid AI Infrastructure Spending Surge

Chip giant AMD is gearing up to report its second-quarter earnings, and all eyes are on whether AI infrastructure spending is still on the rise. In the prior quarter, AMD saw a significant increase in Data Center revenue, thanks to strong sales of its Instinct GPUs and EPYC CPUs.

Analysts are expecting AMD to announce adjusted earnings per share of $0.68 on revenue of $5.7 billion for the second quarter, showing improvement from the same period last year. The Data Center segment is expected to be a key focus, with revenue projected to reach $2.75 billion.

AMD’s current top GPU, the MI300X, has already gained traction with major partners like Microsoft, Meta, and Dell. The company also teased upcoming releases, including the MI325X in Q4 and the MI350X in 2025.

While AI remains a crucial focus for AMD, the Client segment, which includes PC chip sales, is also expected to show growth. With the PC industry rebounding and worldwide shipments on the rise, AMD is poised to benefit from this trend.

However, gaming revenue is anticipated to decline in the second quarter, reflecting a broader slowdown in the industry. Despite this, hopes are high for the gaming sector as Nintendo and Take-Two gear up for major releases in the coming years.

AMD’s earnings report will set the stage for other chip giants like Intel and Nvidia, who are set to report their earnings later in the quarter. Stay tuned for more updates on AMD’s performance and the latest news in the tech industry.