AMD's Nov. 3 results will test Wedbush Securities' view that demand for server processors could push the chipmaker's fiscal third-quarter revenue and margins above estimates.
Wedbush sees AI workloads as a possible source of stronger server CPU demand. Its assessment concerns potential revenue and margin upside if that demand exceeds expectations; it does not establish how the quarter performed.
AMD's fiscal second-quarter Data Center results provide a recent baseline. The business generated $6.7 billion in the period ended June 27, a 107% increase from a year earlier. AMD cited both EPYC processors and Instinct GPUs as contributors to the increase.
The company reports those products within one Data Center segment. Its published segment figures do not separately identify server CPU sales or margins, limiting what the total alone can show about the processors' contribution.
Wedbush is also watching AMD's Helios rack-scale AI platform and planned GPU deployments. Progress on those plans would bear on future projects and shipments, separate from the fiscal third quarter's reported performance.
AMD is scheduled to release its fiscal third-quarter results after the market closes Nov. 3.
