CLSA: AMD Exceeds Expectations in Q4 2025 Results; MI400 Series GPU Launch on the Horizon

Written by Emily J. Thompson, Senior Investment Analyst

Source: aastocks

Updated: 5d ago

0mins

Should l Buy ?

Source: aastocks

AMD Revenue Performance: AMD reported a revenue of USD 10.3 billion for Q4 2025, exceeding guidance and showing a 34% growth, with GAAP gross margins at 54% and non-GAAP at 57%.
Future Projections: For Q1 2026, AMD's revenue guidance is set at USD 9.8 billion to USD 10.1 billion, with non-GAAP gross margins expected at 55%, while the company anticipates a holding pattern in the first half of 2026.
GPU Market Outlook: CLSA predicts that the upcoming MI400 series GPU launch will significantly boost AMD's shipments, with OpenAI projected to account for over half of these shipments in the second half of 2026.
Fed Interest Rate Update: The Federal Reserve's interest rate remains unchanged at 3.75% for January 2026, consistent with previous forecasts.

Trade with 70% Backtested Accuracy

Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

GET FREE REAL TIME NOTIFICATIONS

Stock Monitor for NVDA?

Get Started Free

FREE STOCK RECOMMENDATIONS DAILY

Stock Bullish Tomorrow

Get Started Free

70% BACKTESTED ACCURACY!

Should I Buy NVDA?

Get Started Free