Advanced Micro Devices Falls, Super Micro Computer Jumps, Eli Lilly Gains on Revenue Forecast

Advanced Micro Devices Falls, Super Micro Computer Jumps, Eli Lilly Gains on Revenue Forecast

On this episode of Stock Movers:

- Advanced Micro Devices (AMD) shares fell after the company's sales forecast underwhelmed investors, a sign that it's not making the AI inroads anticipated. The company reported first-quarter sales will be roughly $9.8 billion, plus or minus $300 million, which was lower than some projections that topped $10 billion.

- Super Micro Computer (SMCI) shares jump after the company gave a forecast for sales in the current quarter that signaled strong demand for its gear to run AI data centers. Revenue will be at least $12.3 billion in the period ending March 31, and fiscal third-quarter earnings, excluding some items, will be at least 60 cents a share.

- Eli Lilly (LLY) shares gain after the drugmaker gave revenue forecast for 2026 that surpassed Wall Street’s expectations, driven by volume growth in its GLP-1 assets — Mounjaro and Zepbound.

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