By coinnews 
00:00 Speaker A
AMD’s first quarter results, they are just hitting the wire. Let’s take a look at those numbers. Shares up about 7% initially in the after hours, Q1 adjusted EPS 96 cents versus the estimate of 94 cents. So that’s a beat on the bottom line. Revenue 7.44 billion, the street was at 7.12 billion. So beats on the bottom and the top. Just looking at Q2 revenue, what they’re calling for, between 7.1 and 7.7 billion. Street was closer to 7.23 billion. And they are modeling Q2 adjusted gross margins, 43%, and they say that it is inclusive of export charges. Remember the stock was under some pressure here, of course, it was down, uh, year to date about 20% heading into this print. It was down nearly 40% over the past few months. We’re higher here in the after hours. Big picture questions obviously, how does AMD talk about the AI opportunity ahead? Uh, any more color and commentary among the Trump, Trump tariffs and their impact on this company’s bottom line. Computers, we know exempt from Trump tariffs, but the administration saying could impose duties on semiconductors. China angle, AMD in April. Remember, time of the Trump administration instituting tighter export controls. You can be sure there’ll be more questions about that as well. And of course, always more color commentary about the PC market, how that, they see that evolving over 2025 shipments ahead. We’ll stay gone.