Chipmaker AMD forecasts second-quarter revenue above estimates

Published: 2025-05-06 16:19:55 ET INTC

Published on 05/06/2025 at 16:19

(Reuters) -AMD forecast second-quarter revenue above Wall Street estimates on Tuesday, betting on robust demand for its artificial-intelligence chips even as trade tensions cloud the global economic outlook.

The company expects revenue of about $7.4 billion for the second quarter, plus or minus $300 million, compared with analysts' average estimate of $7.25 billion, according to data compiled by LSEG.

(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Alan Barona and Matthew Lewis)