{"symbol":"AMD","fiscalQuarter":"Q2-2026","reportDate":"2026-08-04","reportTime":"AMC","status":"upcoming","company":{"name":"Advanced Micro Devices, Inc.","sector":"Information Technology","industry":"Semiconductors"},"tier":"free","webUrl":"https://earningsnxt.ai/ticker/AMD/earnings/Q2-2026","estimates":{"consensusEps":1.6104,"consensusRevenue":11305.42,"epsLow":1.48,"epsHigh":1.74,"whisperEps":null,"numAnalysts":null},"preBrief":{"companySnapshot":"Advanced Micro Devices, Inc. (AMD) is a leading semiconductor company that designs and produces computer processors and graphics cards. As a key player in the information technology sector, AMD is crucial for powering everything from personal computers to data centers, and it is increasingly involved in AI and cloud computing technologies.","keyMetrics":[{"name":"EPS","why":"Earnings per share is a key indicator of profitability and will show how well AMD is managing its costs and generating profit.","consensus":"$1.61"},{"name":"Revenue","why":"Total revenue gives insight into AMD's sales performance and market demand for its products.","consensus":"$11.3B"}],"lastQuarterRecap":{"summary":"In Q1 2026, AMD reported an EPS of $1.37, significantly beating expectations of $1.06, which led to a positive stock reaction of 4.02% the following day. The company did not provide specific revenue figures, but the strong EPS surprise indicates robust performance.","promises":[]},"wallStreetExpectations":{"summary":"Analysts are generally optimistic about AMD's upcoming earnings, expecting solid EPS and revenue figures. The company has consistently beaten earnings expectations in the past, which sets a positive tone for this quarter.","bullCase":"If AMD continues its trend of beating EPS estimates, it could signal strong demand for its products, particularly in the growing AI and cloud sectors, potentially driving the stock higher.","bearCase":"On the flip side, any signs of slowing growth or missed revenue targets could lead to a negative reaction, especially given the high expectations set by previous quarters."},"optionsSignal":{"impliedMove":"9.57%","context":"The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement."},"earningsTrackRecord":[{"quarter":"Q1-2026","epsSurprise":"+29.49%","reaction":"+4.02%"},{"quarter":"Q4-2025","epsSurprise":"+38.34%","reaction":"-1.69%"},{"quarter":"Q3-2025","epsSurprise":"+23.08%","reaction":"-3.70%"},{"quarter":"Q2-2025","epsSurprise":"+1.27%","reaction":"-1.40%"},{"quarter":"Q1-2025","epsSurprise":"+27.49%","reaction":"-1.96%"},{"quarter":"Q4-2024","epsSurprise":"+23.86%","reaction":"+4.58%"},{"quarter":"Q3-2024","epsSurprise":"+29.58%","reaction":"+3.96%"},{"quarter":"Q2-2024","epsSurprise":"+47.12%","reaction":"-0.94%"}],"pivotalQuestions":[{"question":"Will AMD's EPS exceed the consensus estimate of $1.61?","whyItMatters":"A beat on EPS would reinforce AMD's strong performance trend and could lead to positive market sentiment."},{"question":"What is the revenue outlook for the upcoming quarters?","whyItMatters":"Understanding revenue growth will provide insights into AMD's market position and demand for its products, especially in AI and cloud computing."}],"thesisBreakLevels":{"bullTrigger":"An EPS of $1.70 or higher would confirm strong demand and operational efficiency.","bearTrigger":"An EPS below $1.50 would raise concerns about slowing growth and market share.","context":"This quarter's performance is critical as it will indicate whether AMD can maintain its growth trajectory amid increasing competition."},"scenarioPlaybook":{"beatAndRaise":"If AMD beats expectations, history suggests the stock could rise by around 0.36% on the next trading day, confirming strong demand.","inLineCautious":"If results are in line with expectations, the stock may experience a muted reaction as investors await further guidance.","miss":"A miss could lead to a decline, with historical data suggesting a potential drop of around 2.78%."},"peerReadThroughs":[],"setupPatternInsight":{"pattern":"Prior-quarter beat + options rich in Semiconductors","sampleSize":30,"fadeRate":"4 of 9 (44%)","insight":"This setup has occurred 30 times across Information Technology in the last 2 years. 4 of 9 faded and 5 held \u2014 no strong directional bias after the initial reaction. The average absolute 1-day move is 4.4%, with a raw directional average of -0.5% (modestly negative historical bias)."},"whatTheStreetIsMissing":{"thesis":"The Street may be underestimating AMD's ability to capitalize on the growing demand for AI and cloud computing, which could lead to stronger revenue growth than anticipated.","supportingPoints":["AMD has consistently beaten EPS estimates, indicating stronger operational performance than expected.","The options market is pricing a larger move than historical averages, suggesting traders anticipate significant news.","The recent strong performance in the semiconductor sector could bode well for AMD's results."],"riskToConsensus":"If AMD's revenue growth significantly exceeds expectations, it could shift market sentiment and lead to a reevaluation of its growth potential."},"whatToListenFor":["Any updates on AMD's market share in the AI and cloud sectors.","Details on product demand and supply chain stability.","Guidance on future revenue growth and profitability.","Insights into competitive pressures and how AMD plans to address them.","Any commentary on new product launches or technological advancements."],"metaDescription":"AMD (AMD) reports Q2 2026 earnings on August 4. Analysts expect $1.61 EPS on $11.3B revenue. Here's what to watch."}}