According to Yahoo Finance AMD live updates, the options chain shows skew toward calls, indicating bullish trader sentiment. Upcoming product launches may serve as catalysts. Break above $162 could open room to $170 levels. For the quarter, AMD reported earnings per share (EPS) of $1.09 on revenue of $7.56 billion. Wall Street was expecting EPS of $1.09 and revenue of $7.5 billion, according to Bloomberg consensus estimates. The company’s data center business, its largest segment by revenue, brought in $3.9 billion, just shy of expectations of $4.09 billion for the quarter. However, slower-than-expected AI ramp or supply chain setbacks could quickly undermine these bullish growth assumptions and weigh on AMD’s share performance. Current Yahoo Finance AMD trade data shows strong bid-ask liquidity, indicating healthy market depth. AI accelerator chip contracts could boost quarterly revenue. Bollinger Bands point to an expansion phase, favoring trend continuation.
