AMD Poised for 8% Post-Earnings Swing, Powering SpaceX’s $2T IPO
Advanced Micro Devices is set to report Q1 earnings, with consensus calling for $9.88B revenue and $1.27 adjusted EPS and an expected 8% stock swing to $331–$389. Shares have surged nearly 70% year-to-date on AI demand, and AMD is among five chip suppliers powering reusable rockets for SpaceX’s anticipated $2T IPO.
1. Earnings Outlook
Advanced Micro Devices will report Q1 earnings after market close Tuesday, with analysts forecasting $9.88B in revenue and $1.27 in adjusted EPS, each up roughly 33% year-over-year on strong AI-driven demand.
2. Stock Performance & Options
Options pricing implies AMD shares could move as much as 8% by week’s end, ranging from $331 to $389, following a rally that has pushed the stock nearly 70% higher since January and driven multiple record highs.
3. SpaceX Infrastructure Role
AMD is identified among five key chip suppliers powering SpaceX’s reusable rockets and AI systems ahead of the aerospace company’s potential $2 trillion IPO, underscoring AMD’s role in next-generation launch technologies.