By Daniel Howley
Publication Date: 2026-02-02 20:47:00
AMD (AMD) will report its fourth-quarter results after the bell on Tuesday, giving Wall Street its best glimpse yet into the health of ongoing AI trading.
Microsoft (MSFT) and Meta (META) reported their respective results last week, prompting starkly different reactions from traders: Many bristled at Microsoft’s increased spending and more modest growth, but praised Meta’s performance despite a massive increase in its own AI spending.
Despite ongoing fears of an AI bubble and overspending, shares of AMD and rival Nvidia (NVDA) have risen significantly over the past 12 months, with AMD up 114% and Nvidia up 58%.
AMD, like Intel (INTC), is grappling with global memory shortages that could force PC makers to raise prices for laptops and desktops, hitting sales and hurting AMD’s consumer chip business.
AMD is expected to report fourth-quarter earnings per share (EPS) of $1.32 on revenue of $9.6 billion, according to Bloomberg analyst consensus.