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AMD forecasts first-quarter revenue above estimates
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AMD forecasts first-quarter revenue above estimates
Feb 4, 2025 1:37 PM

Feb 4 (Reuters) - Advanced Micro Devices ( AMD )

forecast first-quarter revenue above Wall Street estimates on

Tuesday, betting on strong demand for its AI chips as Wall

Street's technology heavyweights build infrastructure to

dominate the emerging technology.

The company expects revenue of about $7.1 billion, plus or

minus $300 million in the first quarter, compared with analysts'

average estimate of $6.99 billion according to data compiled by

LSEG.

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