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Valued at $188.3 billion by market cap, Advanced Micro Devices, Inc. (AMD) operates as one of the pioneers in the semiconductor industry. The Santa Clara, California-based semiconductor giant focuses on building products that accelerate next-generation computing experiences and operates through Data Center, Client, Gaming, and Embedded segments.
AMD is expected to announce its fourth-quarter results on Tuesday, Feb. 4. Ahead of the event analysts expect the company to report a non-GAAP profit of $0.88 per share, up 49.2% from $0.59 per share reported in the year-ago quarter. Furthermore, the company has a robust earnings surprise history. It has surpassed Wall Street’s earnings estimates in each of the past four quarters.