AMD (AMD) Did a Good Job Catching Up to Nvidia (NVDA) but Data Center Revenue Spells Disaster for the Stock
Briefly

Advanced Micro Devices, Inc.'s recent earnings report revealed weaker-than-expected data center revenue, igniting concerns about a potential slowdown in AI demand. This situation is under close scrutiny by investors, particularly as Nvidia Corp. prepares for its earnings announcement. While Nvidia is expected to maintain strong earnings, any signs of weakness in future guidance could lead to a notable stock correction. Analysts are watching closely for patterns that could suggest broader industry challenges, especially given the increasing importance of data center revenue in the context of AI growth.
Advanced Micro Devices, Inc. reported weaker-than-expected data center revenue, raising concerns about potential slowdowns in AI demand, which may influence Nvidia's upcoming earnings.
Investors are keenly watching Nvidia's upcoming earnings report, understanding that any potential weakness in guidance could lead to a significant stock correction.
Read at 24/7 Wall St.
[
|
]