AMD Stock Could Swing 8% Post-Earnings on $9.9B Revenue Forecast
Traders expect AMD shares to swing up to 8% post-earnings from a record near $360, with potential highs around $389 or lows near $331 as analysts project revenue of $9.9B and EPS of $1.27. The firm is also named among five chip suppliers powering SpaceX’s $2T IPO infrastructure.
1. Post-Earnings Volatility Outlook
Advanced Micro Devices shares have climbed nearly 70% year-to-date, setting successive record highs just above $360. Options pricing implies potential swings up to 8% by the end of the week, opening a trading range from $331 to $389 as analysts forecast $9.9 billion in sales and $1.27 in adjusted EPS, each up about 33% year-over-year on growing AI chip demand.
2. Role in SpaceX Pre-IPO Infrastructure
The company is identified among five semiconductor suppliers providing critical chips for SpaceX’s $2 trillion IPO infrastructure, supporting both reusable rocket systems and AI-driven operations. Investors view this strategic positioning as an additional catalyst for long-term growth beyond AMD’s core data center and PC markets.