In recent weeks, we’ve continued to highlight the now-prophetic prognostication by Wolfe Research, where the Wall Street player foresaw AMD’s inability “to guide AI for CY25.” In fact, it was this omission more than anything else that hammered AMD shares in the post-earnings, after-hours trading session. And, this lack of clarity is now featuring prominently in the litany of commentary from major Wall Street players. For the benefit of those who might not be aware, AMD comfortably beat the top- and bottom-line consensus estimates for the fourth quarter of 2024, raking in $7.66 billion in revenue against a consensus estimate […]
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