AMD delivered decent results for Q3, but Wall Street was disappointed by its guidance for Q4.
After hours trading was low, as much as -4% at times, but recovered after the earnings podcast and Q&A. CEO Lisa Su predicted MI300 AI chip sales of $400m in Q4 and $2b for Fy2024.
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AMD getting a nice bump the day after releasing earnings.
Earnings call: https://youtu.be/wz4YCFym6Yg?t=572
PowerPoint slides: https://d1io3yog0oux5.cloudfront.net/_bb564a866bc41f45b16c329e8171eb02/amd/db/778/6935/file/AMD+Q3'23+Earnings+Slides.pdf