Thread regarding AMD (AMD)

Will there be a big stock jump?

For the fourth quarter of 2021, AMD expects revenue to be approximately $ 4.5 billion, plus or minus $ 100 million, an increase of approximately 39% year-over-year and approximately 4% quarter-over-quarter. The year-over-year increase is expected to be driven by growth across all businesses. The quarter-over-quarter increase is expected to be primarily driven by growth in AMD’s server and semi-custom businesses. AMD expects non-GAAP gross margin to be approximately 49.5% in the fourth quarter of 2021.
For the full year 2021, AMD now expects revenue growth of approximately 65%, up from prior guidance of approximately 60%, driven by strong growth across all businesses. AMD now expects non-GAAP gross margin to be approximately 48% for the full year 2021.

(source: https://venturebeat.com/)

Sounds promising?

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