AMD will release its second-quarter earnings after the market close on Tuesday, August 4, Eastern Time, with market expectations of approximately $11,340 million in revenue and an adjusted EPS of $1.61. SanDisk will report its fourth-quarter fiscal year results after the market close on August 5, with Wall Street expecting an EPS of $33.38 and revenue of $8,240 million. Western Digital’s consensus estimates for the fourth quarter are an EPS of $3.27 and revenue of $3,690 million. The market is looking to these three earnings reports for evidence of a rebound in chip stocks.
AMD, SanDisk, and Western Digital to Release Earnings Amid Focus on AI Chip Market
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Summary
Digital asset news highlights key earnings reports as AMD, SanDisk, and Western Digital prepare to release results amid a focused AI chip market. AMD will report Q2 earnings on August 4, with expected revenue of $1.134 billion. SanDisk follows on August 5, projecting an EPS of $33.38 and revenue of $824 million. Western Digital’s Q4 report forecasts an EPS of $3.27 and revenue of $369 million. Digital collectibles news remains secondary as investors monitor the chip sector’s recovery.
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