AMD results put AI spending boom under the microscope

Advanced Micro Devices (AMD) is set to release its Q2 results, with attention focused on its data center revenue and AI infrastructure spending amid a recent decline in semiconductor stocks. Analysts expect significant growth in AMD's earnings and revenue, particularly from data centers. The company's new Helios rack-scale system and commitments from OpenAI and Anthropic are also key points of interest, though the availability of HBM4 memory remains a constraint.