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Barchart
Barchart
Neha Panjwani

Earnings Preview: What to Expect From Advanced Micro Devices' Report

Santa Clara, California-based Advanced Micro Devices, Inc. (AMD) produces semiconductor products and devices. Valued at $402.4 billion by market cap, the company offers products such as microprocessors, embedded microprocessors, chipsets, graphics, video and multimedia products and supplies it to third-party foundries, as well as provides assembling, testing, and packaging services. The semiconductor giant is expected to announce its fiscal first-quarter earnings for 2026 after the market closes on Tuesday, May 5.

Ahead of the event, analysts expect AMD to report a profit of $1.04 per share on a diluted basis, up 33.3% from $0.78 per share in the year-ago quarter. The company beat or matched the consensus estimates in three of the last four quarters while missing the forecast on another occasion. 

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