AMD to report Q3 results following disappointing showing from Intel
AMD (AMD) will report Q3 results Tuesday. Analysts expect $1.97 EPS on $13B revenue, with Data Center sales up 88% YoY. Intel (INTC) recently reported better-than-expected Q3 earnings but lower Q4 revenue guidance, causing a 29% stock drop. AMD's PC and gaming divisions face challenges due to market declines and pricing pressures.
How this was made
The 30-second read
Why it matters
Intel's guidance cut is the primary market mover; AMD's earnings preview adds context but no immediate price catalyst.
Market read
Intel's guidance miss drives a near‑term sell‑off, while AMD's upcoming results could further shape sentiment in the chip sector.
What to watch
Potential upside from upcoming AI‑focused product launches and any hidden cost‑saving measures not disclosed in the guidance.
Background
The article previews AMD's upcoming earnings while reporting Intel's recent earnings and guidance miss, framing the broader AI chip market dynamics.
Ticker impact
AMD will report Q3 results after the bell, with analysts watching AI chip demand and Intel's weak outlook as a catalyst for AMD's data‑center and client businesses.
likely modest downside as investors price in weaker PC market and compare AMD to Intel's guidance miss
The article provides only a preview of AMD's earnings and no new guidance; impact depends on actual results versus expectations.
Intel posted Q3 earnings and cut its Q4 revenue guidance to $15‑$16 B, sending the stock down nearly 29% on the day.
likely further pressure as the market digests the lower guidance and PC demand slowdown
The guidance cut is a fresh, material fact that directly moved the stock and signals near‑term earnings weakness.
Market effects
The PC and data‑center segments may see broader re‑rating as Intel's guidance miss highlights demand softness, potentially affecting peers like Nvidia and AMD.
U.S. technology stocks could see heightened volatility, with possible spill‑over into broader market indices.
Intel's guidance may influence global chip supply chain expectations, especially in Asia where many fabs are located.
Counterpoint
Some investors may view the sell‑off as overdone, betting that Intel's data‑center roadmap will rebound later in the year.
Key entities
- companyAdvanced Micro Devices
U.S. semiconductor firm preparing to release Q3 results.
- companyIntel Corporation
U.S. semiconductor leader that issued weaker Q4 guidance, causing a sharp stock decline.
