Insights

How Good Were AMD’s Earnings?

The semiconductor market has recently been free-falling due to fears of consumer spending decreasing. Some investors have argued that enterprise spending will be able to offset some of the headwinds in the consumer market. Today’s video offers some insight, focusing on the recent earnings for Advanced Micro Devices (NASDAQ: AMD). Here are some highlights.
On May 3, AMD reported its first-quarter results, causing the stock price to jump over 5% after hours. The company reported 71% year over year (YoY) revenue growth thanks to its recent acquisition of Xilinx. Excluding the acquisition, AMD would have grown revenue at 55% YoY. 
AMD’s computing and graphics segment was up 33% YoY, driven by the strength of its consumer products. The enterprise, embedded, and semi-custom segment also saw a strong growth of 88% YoY as cloud providers continue to heavily adopt its server processors.
AMD also increased its guidance following the acquisition. For the second quarter, AMD expects to grow 69% YoY and 60% for the full year of 2022. Investors should keep an eye on share dilution after the recent acquisition, which is a topic I discuss in the video. 
*Stock prices used were the closing prices of May 3, 2022. The video was published on May 3, 2022.Jose Najarro has positions in Advanced Micro Devices. The Motley Fool has positions in and recommends Advanced Micro Devices. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. –

The semiconductor market has recently been free-falling due to fears of consumer spending decreasing. Some investors have argued that enterprise spending will be able to offset some of the headwinds in the consumer market. Today’s video offers some insight, focusing on the recent earnings for Advanced Micro Devices (NASDAQ: AMD). Here are some highlights.

On May 3, AMD reported its first-quarter results, causing the stock price to jump over 5% after hours. The company reported 71% year over year (YoY) revenue growth thanks to its recent acquisition of Xilinx. Excluding the acquisition, AMD would have grown revenue at 55% YoY. 
AMD’s computing and graphics segment was up 33% YoY, driven by the strength of its consumer products. The enterprise, embedded, and semi-custom segment also saw a strong growth of 88% YoY as cloud providers continue to heavily adopt its server processors.
AMD also increased its guidance following the acquisition. For the second quarter, AMD expects to grow 69% YoY and 60% for the full year of 2022. Investors should keep an eye on share dilution after the recent acquisition, which is a topic I discuss in the video. 

*Stock prices used were the closing prices of May 3, 2022. The video was published on May 3, 2022.

Jose Najarro has positions in Advanced Micro Devices. The Motley Fool has positions in and recommends Advanced Micro Devices. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

  • This field is for validation purposes and should be left unchanged.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US & HK* Trades. Click Here!