AMD Forecast Fails to Impress Investors
Bloomberg Tech
Bloomberg
4.4 • 69 Ratings
🗓️ 4 February 2026
⏱️ 41 minutes
🧾️ Download transcript
Summary
Bloomberg’s Caroline Hyde and Ed Ludlow discuss AMD’s sales forecast that underwhelmed investors and sent the chipmaker's shares falling. Plus, the selloff continues across tech markets as fears of AI disruption take hold following the release of Anthropic's new automation tool. And, Bloomberg reports Nvidia is nearing a deal to invest $20 billion in OpenAI, with the AI company looking to raise up to $100 billion for a new funding round.
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| 0:00.0 | Bloomberg Audio Studios |
| 0:04.3 | Podcasts Radio News |
| 0:07.1 | Bloomberg Tech is live from coast to coast |
| 0:14.6 | with Caroline Hyde in New York |
| 0:17.4 | and Ed Lovello in San Francisco. |
| 0:22.6 | This is Bloomberg Tech coming up. |
| 0:24.6 | AMD shares sync after a sales forecast that underwhelms investors. |
| 0:28.6 | The chipmaker perhaps not making the AI inroads some on Wall Street had hoped for. |
| 0:33.6 | Plus the sell-off continues across tech markets as fears of AI disruption they take hold |
| 0:38.3 | following Anthropics' new automation model. And Bloomberg reports, Nvidia is nearing a deal to invest |
| 0:44.7 | $20 billion in Open AI, with the AI company looking to raise up to $100 billion in its new |
| 0:50.7 | funding round. AMD is ugly. Right now, the stock down 15%. It is on track for its |
| 0:57.5 | biggest drop since October of 2018. That is how severe this sell-off is. Let's get to the numbers. |
| 1:05.0 | It's projecting sales in the period roughly $9.8 billion plus or minus $300 billion. That was above consensus estimates, |
| 1:13.9 | but go into your Bloomberg terminal and you'll see at the high end of the ranges forecast, |
| 1:18.5 | many expected sales to be $10 billion anyway. Then there's the China issue. They had China revenues, |
| 1:25.0 | but it weighed on margins. AMD's results, let's react. |
| 1:29.0 | Ken Jen Sabani of Bloomberg Intelligence, who in his react piece and his research, |
| 1:33.3 | you talk about the impact of China, good. |
| 1:36.0 | We recognize some revenues. |
| 1:37.3 | It impacted margins. |
| 1:38.8 | You talk about the CPU, GPU ramp. |
... |
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