Chipmaker AMD forecasts second-quarter revenue above estimates
ReutersMay 6, 2025 8:17 PM
May 6 (Reuters) - AMD AMD.O forecast second-quarter revenue above Wall Street estimates on Tuesday, betting on robust demand for its artificial-intelligence chips even as trade tensions cloud the global economic outlook.
The company expects revenue of about $7.4 billion for the second quarter, plus or minus $300 million, compared with analysts' average estimate of $7.25 billion, according to data compiled by LSEG.
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