Subtext

Advanced Micro Devices, Inc. AMD

SectorInformation Technology
Transcripts73
Date range2006-01-19 – 2025-05-06
Calls charted73

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-17-9+0+9+172005 Q42008 Q22012 Q12014 Q32017 Q12019 Q32022 Q12024 Q32005 Q4 · Overall: +7.82006 Q1 · Overall: +5.92006 Q2 · Overall: +4.22006 Q3 · Overall: +3.62006 Q4 · Overall: +7.32007 Q1 · Overall: -0.72007 Q2 · Overall: +7.52007 Q3 · Overall: +7.22007 Q4 · Overall: +9.72008 Q1 · Overall: +5.42008 Q2 · Overall: +5.32009 Q1 · Overall: +6.72009 Q2 · Overall: +2.82009 Q3 · Overall: -3.12009 Q4 · Overall: +3.12010 Q1 · Overall: -1.52010 Q2 · Overall: +1.72010 Q4 · Overall: +1.72011 Q3 · Overall: +3.92011 Q4 · Overall: +7.02012 Q1 · Overall: +8.92012 Q2 · Overall: -1.22012 Q3 · Overall: +2.22012 Q4 · Overall: +6.92013 Q1 · Overall: +1.92013 Q2 · Overall: +0.62013 Q3 · Overall: +6.42013 Q4 · Overall: +7.32014 Q1 · Overall: +9.72014 Q2 · Overall: +0.52014 Q3 · Overall: -4.62014 Q4 · Overall: +4.22015 Q1 · Overall: -0.42015 Q2 · Overall: -0.72015 Q3 · Overall: -4.12015 Q4 · Overall: +2.62016 Q1 · Overall: +5.52016 Q2 · Overall: +5.52016 Q3 · Overall: +7.22016 Q4 · Overall: +6.12017 Q1 · Overall: +1.82017 Q2 · Overall: +4.72017 Q3 · Overall: +6.52017 Q4 · Overall: +8.12018 Q1 · Overall: +1.92018 Q2 · Overall: +4.52018 Q3 · Overall: +6.62018 Q4 · Overall: +4.42019 Q1 · Overall: +10.32019 Q2 · Overall: +7.62019 Q3 · Overall: +7.22019 Q4 · Overall: +8.02020 Q1 · Overall: -0.62020 Q2 · Overall: +3.52020 Q3 · Overall: +2.52020 Q4 · Overall: +2.52021 Q1 · Overall: +8.82021 Q2 · Overall: +10.12021 Q3 · Overall: +15.12021 Q4 · Overall: +12.32022 Q1 · Overall: +13.92022 Q2 · Overall: +8.72022 Q3 · Overall: +1.42022 Q4 · Overall: +8.92023 Q1 · Overall: +12.72023 Q2 · Overall: +6.02023 Q3 · Overall: +12.02023 Q4 · Overall: +9.82024 Q1 · Overall: +2.32024 Q2 · Overall: +11.62024 Q3 · Overall: +12.92024 Q4 · Overall: +12.82025 Q1 · Overall: +12.5
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-72-36+0+36+722005 Q42008 Q22012 Q12014 Q32017 Q12019 Q32022 Q12024 Q32006 Q1 · CEO: +22.72006 Q2 · CEO: +18.12006 Q3 · CEO: +10.62006 Q4 · CEO: +19.02007 Q1 · CEO: +5.32007 Q2 · CEO: +35.02007 Q3 · CEO: +19.72007 Q4 · CEO: +15.92008 Q1 · CEO: +18.72008 Q2 · CEO: +28.32009 Q1 · CEO: +20.52009 Q2 · CEO: +6.02009 Q3 · CEO: +0.02009 Q4 · CEO: +14.62010 Q1 · CEO: +18.82010 Q2 · CEO: +19.82010 Q4 · CEO: +7.42011 Q3 · CEO: +24.52011 Q4 · CEO: +10.02012 Q1 · CEO: +31.52012 Q2 · CEO: +23.42012 Q3 · CEO: +14.02012 Q4 · CEO: +11.42013 Q1 · CEO: +11.62013 Q2 · CEO: +8.92013 Q3 · CEO: +17.52013 Q4 · CEO: +19.12014 Q1 · CEO: +22.12014 Q2 · CEO: +17.82014 Q3 · CEO: +4.82014 Q4 · CEO: +10.42015 Q1 · CEO: +4.92015 Q2 · CEO: +6.82015 Q3 · CEO: +4.42015 Q4 · CEO: +18.62016 Q1 · CEO: +17.02016 Q2 · CEO: +10.02016 Q3 · CEO: +12.92017 Q2 · CEO: +9.42017 Q3 · CEO: +10.12017 Q4 · CEO: +15.82018 Q1 · CEO: +10.32018 Q2 · CEO: +10.82018 Q3 · CEO: +15.72018 Q4 · CEO: +8.42019 Q1 · CEO: +21.22019 Q2 · CEO: +11.02019 Q3 · CEO: +12.62019 Q4 · CEO: +11.92020 Q1 · CEO: +8.92020 Q2 · CEO: +8.72020 Q3 · CEO: +6.02020 Q4 · CEO: +5.12021 Q1 · CEO: +17.02021 Q2 · CEO: +17.02021 Q3 · CEO: +26.12021 Q4 · CEO: +20.32022 Q1 · CEO: +22.12022 Q2 · CEO: +16.52022 Q3 · CEO: +8.72022 Q4 · CEO: +16.02023 Q1 · CEO: +18.72023 Q2 · CEO: +13.22023 Q3 · CEO: +22.52023 Q4 · CEO: +20.92024 Q2 · CEO: +23.82024 Q3 · CEO: +24.92024 Q4 · CEO: +20.92025 Q1 · CEO: +21.82006 Q1 · CFO: +8.02006 Q2 · CFO: +4.22006 Q3 · CFO: +1.12006 Q4 · CFO: +6.42007 Q1 · CFO: -0.72007 Q2 · CFO: +0.92007 Q3 · CFO: +8.72007 Q4 · CFO: +14.42008 Q1 · CFO: +2.72008 Q2 · CFO: +3.52009 Q1 · CFO: +7.72009 Q2 · CFO: +6.22009 Q3 · CFO: -1.32009 Q4 · CFO: -1.72010 Q1 · CFO: -3.52010 Q2 · CFO: +2.02010 Q4 · CFO: +3.92011 Q3 · CFO: -1.32011 Q4 · CFO: +7.82012 Q1 · CFO: +6.72012 Q2 · CFO: -4.42012 Q3 · CFO: -0.82012 Q4 · CFO: +9.22013 Q1 · CFO: +1.52013 Q2 · CFO: -0.52013 Q3 · CFO: +6.32013 Q4 · CFO: +6.42014 Q1 · CFO: +10.12014 Q2 · CFO: +2.72014 Q3 · CFO: -6.22014 Q4 · CFO: +6.32015 Q1 · CFO: +3.22015 Q2 · CFO: +0.02015 Q3 · CFO: -0.32015 Q4 · CFO: -4.52016 Q1 · CFO: +3.42016 Q2 · CFO: +4.02016 Q3 · CFO: +8.02017 Q2 · CFO: +3.22017 Q3 · CFO: +6.02017 Q4 · CFO: +4.92018 Q1 · CFO: -1.52018 Q2 · CFO: -0.72018 Q3 · CFO: +3.42018 Q4 · CFO: +1.92019 Q1 · CFO: +11.82019 Q2 · CFO: +12.62019 Q3 · CFO: +3.52019 Q4 · CFO: +18.22020 Q1 · CFO: -7.22020 Q2 · CFO: +7.02020 Q4 · CFO: +62.52021 Q1 · CFO: +12.42021 Q2 · CFO: +12.32021 Q3 · CFO: +18.22021 Q4 · CFO: +10.62022 Q1 · CFO: +14.32022 Q2 · CFO: +10.92022 Q3 · CFO: -1.32022 Q4 · CFO: +9.02023 Q1 · CFO: +10.62023 Q2 · CFO: +6.52023 Q3 · CFO: +17.12023 Q4 · CFO: +6.12024 Q2 · CFO: +16.02024 Q3 · CFO: +21.52024 Q4 · CFO: +11.72025 Q1 · CFO: +9.2
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-35-18+0+18+352005 Q42008 Q22012 Q12014 Q32017 Q12019 Q32022 Q12024 Q32005 Q4 · Prepared remarks: +7.82006 Q1 · Prepared remarks: +23.52006 Q2 · Prepared remarks: +15.92006 Q3 · Prepared remarks: +11.72006 Q4 · Prepared remarks: +18.02007 Q1 · Prepared remarks: -5.12007 Q2 · Prepared remarks: +17.02007 Q3 · Prepared remarks: +24.02007 Q4 · Prepared remarks: +19.62008 Q1 · Prepared remarks: -0.72008 Q2 · Prepared remarks: +14.52009 Q1 · Prepared remarks: +13.02009 Q2 · Prepared remarks: +6.42009 Q3 · Prepared remarks: +2.72009 Q4 · Prepared remarks: +2.72010 Q1 · Prepared remarks: +3.22010 Q2 · Prepared remarks: +16.32010 Q4 · Prepared remarks: +11.22011 Q3 · Prepared remarks: +6.32011 Q4 · Prepared remarks: +12.22012 Q1 · Prepared remarks: +20.82012 Q2 · Prepared remarks: +8.02012 Q3 · Prepared remarks: +10.52012 Q4 · Prepared remarks: +20.02013 Q1 · Prepared remarks: +12.92013 Q2 · Prepared remarks: +6.42013 Q3 · Prepared remarks: +3.12013 Q4 · Prepared remarks: +12.92014 Q1 · Prepared remarks: +22.12014 Q2 · Prepared remarks: +17.32014 Q3 · Prepared remarks: -8.62014 Q4 · Prepared remarks: +13.62015 Q1 · Prepared remarks: +11.02015 Q2 · Prepared remarks: +9.42015 Q3 · Prepared remarks: +8.42015 Q4 · Prepared remarks: +6.82016 Q1 · Prepared remarks: +6.82016 Q2 · Prepared remarks: +9.32016 Q3 · Prepared remarks: +22.22016 Q4 · Prepared remarks: +17.72017 Q1 · Prepared remarks: +16.52017 Q2 · Prepared remarks: +8.42017 Q3 · Prepared remarks: +10.12017 Q4 · Prepared remarks: +8.22018 Q1 · Prepared remarks: +14.92018 Q2 · Prepared remarks: +15.42018 Q3 · Prepared remarks: +19.52018 Q4 · Prepared remarks: +7.72019 Q1 · Prepared remarks: +12.32019 Q2 · Prepared remarks: +15.22019 Q3 · Prepared remarks: +8.92019 Q4 · Prepared remarks: +22.12020 Q1 · Prepared remarks: +2.52020 Q2 · Prepared remarks: +8.22020 Q3 · Prepared remarks: -2.22020 Q4 · Prepared remarks: +4.82021 Q1 · Prepared remarks: +14.52021 Q2 · Prepared remarks: +15.02021 Q3 · Prepared remarks: +19.82021 Q4 · Prepared remarks: +17.32022 Q1 · Prepared remarks: +22.02022 Q2 · Prepared remarks: +18.52022 Q3 · Prepared remarks: +12.52022 Q4 · Prepared remarks: +13.92023 Q1 · Prepared remarks: +16.52023 Q2 · Prepared remarks: +9.42023 Q3 · Prepared remarks: +23.32023 Q4 · Prepared remarks: +22.52024 Q1 · Prepared remarks: +30.82024 Q2 · Prepared remarks: +24.32024 Q3 · Prepared remarks: +20.52024 Q4 · Prepared remarks: +22.02025 Q1 · Prepared remarks: +18.02006 Q1 · Q&A responses: +4.02006 Q2 · Q&A responses: +4.42006 Q3 · Q&A responses: +5.42006 Q4 · Q&A responses: +9.82007 Q1 · Q&A responses: +6.82007 Q2 · Q&A responses: +9.62007 Q3 · Q&A responses: +6.72007 Q4 · Q&A responses: +10.92008 Q1 · Q&A responses: +15.12008 Q2 · Q&A responses: +9.62009 Q1 · Q&A responses: +9.42009 Q2 · Q&A responses: +5.92009 Q3 · Q&A responses: -2.02009 Q4 · Q&A responses: +5.22010 Q1 · Q&A responses: -0.22010 Q2 · Q&A responses: +1.42010 Q4 · Q&A responses: +2.52011 Q3 · Q&A responses: +8.82011 Q4 · Q&A responses: +6.82012 Q1 · Q&A responses: +9.22012 Q2 · Q&A responses: -1.02012 Q3 · Q&A responses: +3.62012 Q4 · Q&A responses: +6.92013 Q1 · Q&A responses: +1.72013 Q2 · Q&A responses: +0.52013 Q3 · Q&A responses: +10.82013 Q4 · Q&A responses: +9.02014 Q1 · Q&A responses: +7.02014 Q2 · Q&A responses: -1.32014 Q3 · Q&A responses: -1.12014 Q4 · Q&A responses: +5.02015 Q1 · Q&A responses: +1.32015 Q2 · Q&A responses: -0.72015 Q3 · Q&A responses: -1.32015 Q4 · Q&A responses: +4.42016 Q1 · Q&A responses: +9.32016 Q2 · Q&A responses: +7.42016 Q3 · Q&A responses: +7.02016 Q4 · Q&A responses: +3.52017 Q1 · Q&A responses: +2.62017 Q2 · Q&A responses: +5.72017 Q3 · Q&A responses: +7.62017 Q4 · Q&A responses: +12.82018 Q1 · Q&A responses: +4.72018 Q2 · Q&A responses: +5.32018 Q3 · Q&A responses: +5.42018 Q4 · Q&A responses: +4.82019 Q1 · Q&A responses: +15.72019 Q2 · Q&A responses: +9.52019 Q3 · Q&A responses: +10.12019 Q4 · Q&A responses: +5.42020 Q1 · Q&A responses: +2.92020 Q2 · Q&A responses: +7.62020 Q3 · Q&A responses: +8.62020 Q4 · Q&A responses: +4.72021 Q1 · Q&A responses: +13.92021 Q2 · Q&A responses: +13.72021 Q3 · Q&A responses: +24.92021 Q4 · Q&A responses: +16.82022 Q1 · Q&A responses: +16.92022 Q2 · Q&A responses: +11.82022 Q3 · Q&A responses: +2.22022 Q4 · Q&A responses: +14.02023 Q1 · Q&A responses: +15.12023 Q2 · Q&A responses: +12.82023 Q3 · Q&A responses: +18.02023 Q4 · Q&A responses: +11.72024 Q1 · Q&A responses: +7.12024 Q2 · Q&A responses: +18.02024 Q3 · Q&A responses: +24.62024 Q4 · Q&A responses: +13.82025 Q1 · Q&A responses: +16.6
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$-0.74$2.30$5.342005 Q42008 Q22012 Q12014 Q32017 Q12019 Q32022 Q12024 Q32014 Q1: $0.142014 Q2: $0.212014 Q3: $0.152014 Q4: $0.102015 Q1: $0.022015 Q2: $-0.152015 Q3: $-0.322015 Q4: $-0.292016 Q1: $-0.312016 Q2: $-0.182016 Q3: $-0.072016 Q4: $0.042017 Q1: $0.132017 Q2: $0.172017 Q3: $0.262017 Q4: $0.352018 Q1: $0.422018 Q2: $0.532018 Q3: $0.612018 Q4: $0.622019 Q1: $0.742019 Q2: $0.832019 Q3: $0.952019 Q4: $1.102020 Q1: $1.262020 Q2: $1.272020 Q3: $1.522020 Q4: $1.812021 Q1: $2.122021 Q2: $2.442021 Q3: $2.902021 Q4: $3.342022 Q1: $4.172022 Q2: $4.712022 Q3: $4.762022 Q4: $3.652023 Q1: $3.372023 Q2: $3.502023 Q3: $3.802023 Q4: $3.722024 Q1: $4.092024 Q2: $4.542024 Q3: $4.92

Forward P/E

-3.53140.01283.552005 Q42008 Q22012 Q12014 Q32017 Q12019 Q32022 Q12024 Q32014 Q1: 29.482014 Q2: 20.952014 Q3: 25.472014 Q4: 25.502015 Q1: 122.222015 Q2: 122.222016 Q4: 263.752017 Q1: 105.512017 Q2: 67.262017 Q3: 47.462017 Q4: 28.892018 Q1: 27.212018 Q2: 31.092018 Q3: 50.962018 Q4: 29.292019 Q1: 31.592019 Q2: 36.752019 Q3: 31.942019 Q4: 38.452020 Q1: 31.112020 Q2: 42.782020 Q3: 50.432020 Q4: 53.512021 Q1: 39.022021 Q2: 32.902021 Q3: 36.382021 Q4: 43.862022 Q1: 27.672022 Q2: 18.962022 Q3: 16.272022 Q4: 18.882023 Q1: 26.612023 Q2: 36.432023 Q3: 28.332023 Q4: 37.152024 Q1: 47.602024 Q2: 34.062024 Q3: 30.11

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2014 Q2 tone ↓ -9.2 fwd EPS ↑ +0.07 Tone cooled even as the forward EPS estimate rose.
  • 2014 Q4 tone ↑ +8.8 fwd EPS ↓ -0.05 Tone rose while the forward EPS estimate was cut.
  • 2016 Q1 tone ↑ +2.9 fwd EPS ↓ -0.02 Tone rose while the forward EPS estimate was cut.
  • 2017 Q1 tone ↓ -4.3 fwd EPS ↑ +0.09 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q1 tone ↓ -6.2 fwd EPS ↑ +0.07 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q4 tone ↓ -2.2 fwd EPS ↑ +0.01 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q2 tone ↓ -2.7 fwd EPS ↑ +0.09 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q1 tone ↓ -8.7 fwd EPS ↑ +0.16 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q4 tone ↓ -2.8 fwd EPS ↑ +0.44 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q2 tone ↓ -5.2 fwd EPS ↑ +0.54 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q3 tone ↓ -7.4 fwd EPS ↑ +0.05 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q4 tone ↑ +7.5 fwd EPS ↓ -1.11 Tone rose while the forward EPS estimate was cut.
  • 2023 Q1 tone ↑ +3.8 fwd EPS ↓ -0.28 Tone rose while the forward EPS estimate was cut.
  • 2023 Q2 tone ↓ -6.7 fwd EPS ↑ +0.12 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -7.5 fwd EPS ↑ +0.37 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-05-06+12.5——View →
2024 Q42025-02-04+12.8——View →
2024 Q32024-10-29+12.9$4.9230.1View →
2024 Q22024-07-30+11.6$4.5434.1View →
2024 Q12024-04-30+2.3$4.0947.6View →
2023 Q42024-01-30+9.8$3.7237.1View →
2023 Q32023-10-31+12.0$3.8028.3View →
2023 Q22023-08-01+6.0$3.5036.4View →