Wolfe Research: “Our Best Guess Is That AMD Won’t Be In A Position To Guide AI For CY25 – Which Will In Itself Drive Concerns”

Wolfe Research is worried that AMD will not be able to deliver on Wall Street's sky-high expectations, setting the stage for a "difficult" setup for the stock heading into the January earnings. WOLFE ON $AMD: 'SETUP FOR JANUARY EARNINGS LOOKS CHALLENGING' "We think the setup for the stock into Jan earnings is difficult. While forecasts can change as CY25 proceeds, we don’t think there’s enough visibility to guide AI in line with $10bn street expectations, and guidance… — Wall St Engine (@wallstengine) December 17, 2024 Wolfe Research begins its latest investment note by highlighting the lack of visibility on AMD's […]

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