AMD Revenue Rockets 50%: 2 Undervalued Chip Stocks With Long-Term EPS Growth +100% - Seeking Alpha
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- AMD posted revenue climbing 50% in its latest quarter, with data center sales doubling year-over-year according to CNBC's headline coverage
- AMD stock dropped roughly 5% in after-hours trading following the earnings release, a move Yahoo Finance attributed to the results not meeting elevated expectations
- A source quoted by Yahoo Finance characterized the quarter as 'not an exceptional result,' implying Wall Street had priced in stronger figures given AMD's AI-driven momentum
- AMD's forward sales outlook disappointed investors, per a truncated headline referencing guidance falling short of consensus
- Seeking Alpha headlined the earnings as 'rockets 50%' alongside a broader thesis on two chip stocks it labels undervalued with projected long-term EPS growth above 100%, though the specific picks aren't detailed in the available excerpt
Why it matters: AMD delivered headline-grabbing revenue growth of 50% with data center sales doubling, yet the stock fell 5% because the sales outlook missed expectations and one analyst source called the print 'not exceptional' — a reminder that in an AI-driven rally, beats alone don't move chips; guidance and margin trajectory do. Investors holding AMD now face a disconnect between operational strength and forward-looking disappointment.
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