Buy AMD by Aug 4, 2026.

Advanced Micro Devices reported first-quarter earnings Tuesday that topped expectations, while the company’s revenue forecast also exceeded estimates as demand soars for chips to power artificial intelligence workloads. The stock ripped 20% higher in premarket trading on Wednesday. Here’s how the chipmaker did versus LSEG consensus estimates for the quarter ended in March: * **EPS:** $1.37 vs. $1.29 adjusted expected * **Revenue:** $10.25 billion vs. $9.89 billion expected Revenue climbed 38% from $7.44 billion a year ago, the company said …