AMD (AMD) will publish its results in the first quarter after the bell on Tuesday, giving an overview of President Trump’s prices on flea sales and IA trade health before NVIDIA (NVDA) profits later this month.
The announcement of AMD follows the Intel rival report (Intc), which saw the company beat up and down, but issues lighter income councils than scheduled in the second quarter. At the time, the financial director of Intel David Zinsner blamed “the current macro environment” for the creation “of an uncertainty high in industry”.
PC manufacturers produce a number of their products in China, as well as Vietnam and Malaysia. Computers are currently exempt from Trump prices, but the administration has said that it could implement tasks on semiconductors according to the results of the survey of article 232 of the Commerce Department.
For the quarter, AMD should declare a profit adjusted per share (BPA) of $ 0.94 on a turnover of $ 7.1 billion. The company experienced a BPA of $ 0.62 and a turnover of $ 5.4 billion in the same quarter last year. Income from the data centers segment should bring in $ 3.6 billion in the quarter, compared to $ 2.3 billion last year.
In April, AMD, like NVIDIA (NVDA), announced that the Trump administration had put more strict export controls on the PUces of AI intended for China. This decision effectively reduces AMD’s capacity to send its IA MI308 processor to the region and, according to the company, could cause up to $ 800 million in inventory fees, purchase commitments and related reserves.
And this could weigh on the prospects of the company’s T2.
“We expect AMD to display higher results and guide the lowest force 1Q for the MI308, but turn into a front wind in 2q with the ban of AI fleas in China,” wrote Keybanc analyst John Vinh in an investor note before the announcement of AMD’s profits.
AI’s actions have undergone great success in recent months on fears that trade has been over-type. Deepseek’s announcement in January that he managed to produce high performance AI models using less than high -end hammered fleas.
AMD shares are down 18% over a year to date and 36% in the last 12 months. Nvidia is down 15% over a year, but it is still up 22% compared to last year.
“Unfortunately, for AMD the history of AI, already somewhat tenuous, is likely to take another material haircut on the back of New China sanctions (note that each $ 1 billion is around 25 cents of gains) and remains generally not competitive in our opinion,” wrote Bernstein analyst, Stacy Rasgon, in an investor note.
IA chip companies also look at the government’s dissemination rules of the government, which would force certain countries to acquire special licenses to access a limited number of American AI chips.
