AMD Shares Could Swing 8% Post-Earnings as Customers Clamor for MI450 GPU
Traders expect AMD stock to swing up to 8% after its recent record-high rallies that lifted shares nearly 70% year-to-date, implying a range of $331 to $389. CEO Lisa Su reports customers are “anxious” to receive MI450 GPUs, and analysts project $9.88 billion revenue and $1.27 EPS (33% YoY).
1. Stock Rally and Options Signal
AMD shares have rallied to a series of record highs in recent weeks, driving year-to-date gains of nearly 70%. Options pricing suggests the stock could swing up to 8% by week’s end, defining a trading range between $331 and $389.
2. Earnings Projections
Analysts forecast AMD will report $9.88 billion in revenue and $1.27 in adjusted EPS for the quarter, each up about 33% year-over-year. High AI demand and stronger-than-expected peer results have elevated expectations for the upcoming earnings release.
3. MI450 GPU Customer Demand
CEO Lisa Su revealed that enterprise customers are “anxious” to deploy the new MI450 data-center GPUs, signaling strong early demand for AMD’s latest AI hardware platform. Shipping timelines for these units will be a key driver of near-term revenue.
4. SpaceX Infrastructure Partnership
AMD’s chips are integral to powering AI-driven systems and reusable rocket infrastructure ahead of SpaceX’s proposed $2 trillion IPO. This positioning could open additional high-growth opportunities as the space sector scales its compute needs.